Keolis has signed an agreement to acquire full ownership of its Australian joint venture with Downer, in a strategic move aimed at strengthening its presence and expanding its footprint across the country’s public transport networks.
The transaction, which is expected to be finalised by the end of 2025, will see Keolis become the sole shareholder of Keolis Downer, a company it co-founded and has majority-owned for several years. The group plans to leverage this investment to deepen partnerships with Australian public transport authorities and further its delivery of sustainable, innovative mobility solutions tailored to local needs.
Already a major player in the Australian transport market, Keolis views this move as a catalyst for its next phase of growth in the region. The company is eyeing opportunities across multiple transport modes including bus, tram, metro, and rail. It is particularly focused on forming a strong consortium to bid for the upcoming Melbourne trains contract.
“This is a strategic step forward after 15 years of successful partnership with Downer,” said Marie-Ange Debon, Chairwoman of the Keolis Executive Board. “Becoming the sole shareholder will enable us to form targeted partnerships and strengthen our position. The timing is right to refocus our approach, given our deep understanding of the local market and our role as a key public transport operator. We look forward to continuing our close collaboration with local authorities to deliver even more effective transport solutions for passengers in Australia.”
The completion of the transaction remains subject to customary closing conditions and regulatory approvals in Australia.
Keolis Australia: Over 15 years of local expertise
Keolis has been active in Australia for over 15 years, employing more than 3,500 people across the country. It operates a range of public transport services including tram, bus, ferry, and demand-responsive transport in multiple cities.
Its operations include the G:link light rail on the Gold Coast and the Newcastle tram system in New South Wales. Keolis also maintains the train fleet in Adelaide and manages extensive bus networks in Perth, Adelaide, Brisbane, Sydney, and Newcastle, where it runs an integrated public transport system.
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