Getlink and RATP signed an agreement to establish a joint venture to enter tender processes for regional rail services in France. After all necessary approvals, RATP will hold 55% and Getlink 45% within the JV.
“This partnership with the RATP group will enable us to combine our different strengths to promote mobility in the Regions for the benefit of the travelling public,” Jacques Gounon, CEO of Getlink said.
The alliance between the two groups will enable the creation of a new structure bringing together the full range of skills needed to respond to tenders for regional rail services. It is supported by the complementary activities of the two groups in the Hauts de France and Grand Est regions of France. These two regions will be the initial targets for growth.
“We are delighted to align ourselves with Getlink as the railway services market opens up. We are convinced that the high-level association of our many strengths across the whole value chain will make us a strong candidate for future opportunities in French Regions,” Catherine Guillouard, Chairman of Groupe RATP, said.
This partnership is founded on the strategic alignment of the two groups. RATP, through its subsidiary RATP Dev, is a specialist in operations and maintenance in passenger transport both in France and internationally. Getlink is a major player in mobility infrastructure, specialising in the operations and maintenance of infrastructure, the operation of rail and shuttle services through the Channel Tunnel and the operation of freight trains on a national and international level.