Keolis has announced the signing of an agreement with Downer to acquire its partner’s entire stake in the “Keolis Downer” joint venture. The transaction is expected to be completed by end-2025.
With this investment, Keolis aims to further strengthen its role as a trusted partner to Australian authorities by offering sustainable and innovative mobility solutions that meet the needs of passengers and communities.
This decision will enable Keolis to continue its growth momentum in Australia across the bus, tram, automated metro, and rail markets. The Group will notably be in a strong position to form a solid consortium to respond to the upcoming tender for Melbourne trains.