Veolia Transdev is a French-based international public transport

Public transport

Public transport is a shared passenger transportation service which is available for use by the general public, as distinct from modes such as taxicab, car pooling or hired buses which are not shared by strangers without private arrangement.Public transport modes include buses, trolleybuses, trams...

 operator. It claims to be the world's leading such business. Its operations are spread across all the inhabited continents.

The group was formed following the merger of Veolia Transport

Veolia Transport

Veolia Transport is the international transport services division of the French-based multinational company Veolia Environnement...

 and Transdev

Transdev

Transdev was a major international public transport group based in Issy-les-Moulineaux near Paris, France and operating in several countries. Originally created as Société centrale pour l'équipement du territoire in 1955 and developing transportation activities since 1973, Transdev was a subsidiary...

, implemented on April, 3, 2011.

The shares of the company are held half by Veolia Environnement and half by the Caisse des Dépôts et Consignations

Caisse des dépôts et consignations

The Caisse des Dépôts et Consignations is a French financial organization created in 1816, and part of the government institutions under the control of the Parliament. Augustin De Romanet is the board chairman and chief executive...

. It is led by Jérôme Gallot. An initial public offering

Initial public offering

An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

, potentially accompanied by a rebranding

Rebranding

Rebranding is the creation of a new name, term, symbol, design, or a combination of them for an established brand with the intention of developing a differentiated position in the mind of stakeholders and competitors....

, is planned and could occur within the 12 months following the merger.