Keolis becomes sole shareholder of Syntus, its public transport activities in the Netherlands
Keolis becomes sole shareholder of Syntus, its public transport activities in the Netherlands
August 2012
Keolis becomes sole shareholder of Syntus, its public transport activities in the Netherlands.
Keolis has just signed an agreement with NS to purchase their 50% stake in Syntus and become sole shareholder of this subsidiary.
Syntus has been temporarily experiencing financial difficulties which have generated the expression of concerns by both customers and staff over its very future.
Keolis will continue working with the management group to ensure that the company’s recovery plan is promptly and effectively carried out.
By becoming sole shareholder, Keolis now has the possibility to work on the future of Syntus in a decisive way and realise recovery for the long term.
“Our strategy is to increase the level of our involvement in the management of our existing operations’, says Bernard Tabary, CEO International. “By becoming sole shareholder of Syntus we are aligned with this strategy and our goal remains the same: to develop our activities in the countries where we already operate.”
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