BETA ZEN
Transport UK Group
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 | |
| Type | Private |
|---|---|
| Industry | Transport |
| Predecessor | Abellio |
| Founded | February 2023 |
| Founder | Management buyout led by Dominic Booth |
| Headquarters | London , United Kingdom |
Area served | England |
| Subsidiaries | |
| Website | www |
Transport UK Group (TUK) is a transport company which operates services in England. It commenced operations in February 2023 when it purchased the British assets of Abellio via a management buyout.
History
In August 2022, Abellio agreed terms to sell its United Kingdom subsidiaries in a management buyout led by managing director Dominic Booth, subject to approval by the Office of Rail and Road and partner organisations Merseytravel and Transport for London (TfL).[1][2][3] The deal was completed when final approvals were received in February 2023.[4][5]
Subsidiaries
Transport UK Group operates the following subsidiaries:[6]
- East Midlands Railway, operates the East Midlands franchise under contract to the Department for Transport (DfT)
- Merseyrail (50% shareholding alongside Serco), operates the concession under contract to Merseytravel
- Transport UK London Bus, operates bus services under contract to TfL
Transport UK Group also held an 85% controlling interest in West Midlands Trains, along with Mitsui & Co., before the service was returned to state ownership on 1 February 2026.
References
- ↑ "Abellio UK set to become Transport UK Group via MBO". routeone. 23 August 2022. Retrieved 24 August 2022.
- ↑ Peat, Chris (23 August 2022). "Abellio to be bought out". Bus & Coach Buyer. Peterborough. Retrieved 24 August 2022.
- ↑ Roden, Andy (23 August 2022). "Management buyout returns Abellio operations to UK ownership". Modern Railways. Stamford: Key Publishing. Retrieved 24 August 2022.
- ↑ "Abellio UK to be renamed Transport UK Group as management buyout deal completes". Abellio. Archived from the original on 1 March 2023. Retrieved 2 March 2023.
- ↑ Deakin, Tim (28 February 2023). "Transport UK Group MBO of Abellio UK completes". routeone. Archived from the original on 1 March 2023. Retrieved 2 March 2023.
- ↑ Holley, Mel (7 September 2022). "Abellio's rail services to return to UK ownership". Rail. No. 965. Peterborough: Bauer Consumer Media. p. 6. Retrieved 1 March 2023.