16 Dec 2022
Arriva Group concludes the sale of its Portuguese business to Dan Group
- Sale transaction completed 15 December 2022
- Arriva Portugal - Transportes Sul do Tejo’ [TST] - now wholly owned by Dan Group
The Arriva Group has concluded the sale of its Portuguese bus business to Dan Group following contract signing earlier this year. The sale concluded on Thursday 15 December 2022.
Dan Group is Israel's second-largest transport company and the sale provides continuity for employees, passengers and clients alike. The business, Transportes Sul do Tejo’ (TST), provides bus services in Lisbon. All Arriva employees transferred over to Dan Group on completion.
TST has been part of the Arriva Group for around 20 years and has a significant track record of providing high quality transport services in the City of Lisbon. Dan Group has a long history of partnering with local transport bodies and building its capability and footprint in Israel, so it is well-positioned to develop the business in Portugal and further its market presence.
Notes to editors
About Arriva Group:
Arriva is a leading provider of passenger transport across Europe, employing around 39,000 people and delivering around 1.2 billion passenger journeys across 12 European countries. It is part of Deutsche Bahn, one of the world’s leading passenger and logistics companies.
With buses, trains, coaches, trams, water buses, car and bike-sharing systems, and on-demand transport solutions, DB-Arriva proudly connects people and communities safely, reliably and sustainably, delivering these services in a better way, every day. The activities of DB-Arriva are divided into four lines of business: UK Bus, UK Trains, The Netherlands and Mainland Europe.
Arriva has operations in the Czech Republic, Croatia, Denmark, Hungary, Italy, the Netherlands, Poland, Serbia, Slovakia, Slovenia, Spain and the United Kingdom.
For further information: www.arriva.co.uk
About Dan Group:
Dan Group, Israel's second-largest transport company, serves 150 million passengers each year and operates in the country's south, centre and north (through 20 local authorities). The group employs approximately 4,500 employees, mostly drivers.
The Group is a pioneer in the field of electric buses and is converting a large portion of its fleet to green electric buses. All the new buses from now on will be electric.
The Group operates about 2,300 buses, including a flexible transportation service and smart public transportation (using an algorithm in real-time according to changing destinations by users).
Recently the Group, together with its partners, won the tender for operating the green line of the light train in Tel Aviv metropolis, which is the biggest train projects in Israel now days. Dan Group is one of the leading groups in the infrastructure and real estate fields.
Dan Group owns the concession and operates a significant part of the biggest infrastructure projects in Israel, like the toll/fast lanes, the most significant line of the LRT system of metropolitan Tel Aviv, the largest desalination plant in Israel, and a sewage purification plant.
In addition, Dan Group has some more transportation-related and other concessions.
Dan Group is a significant player in the real estate market with vast entrepreneurship in housing, offices and commercial real estate.
For more information: www.dan.co.il
Contact information
Arriva Group press office
communications@arriva.co.uk
