Transport UK Group (TUK) is a transport company which operates services in England. It commenced operations in February 2023 when it purchased the British assets of Abellio via a management buyout.
History
In August 2022, Abellio agreed terms to sell its United Kingdom subsidiaries in a management buyout led by managing director Dominic Booth, subject to approval by the Office of Rail and Road and partner organisations Merseytravel and Transport for London (TfL).[1][2][3] The deal was completed when final approvals were received in February 2023.[4][5]
Subsidiaries
Transport UK Group operates the following subsidiaries:[6] Transport UK Group also held an 85% controlling interest in West Midlands Trains, along with Mitsui & Co., before the service was returned to public ownership on 1 February 2026.
- East Midlands Railway, operates the East Midlands franchise under contract to the Department for Transport (DfT)
- Merseyrail (50% shareholding alongside Serco), operates the concession under contract to Merseytravel
- Transport UK London Bus, operates bus services under contract to TfL
External links
References
- Abellio UK set to become Transport UK Group via MBO routeone, 23 August 2022, retrieved 24 August 2022^
- Chris Peat. Abellio to be bought out Bus & Coach Buyer, 23 August 2022, retrieved 24 August 2022^
- Andy Roden. Management buyout returns Abellio operations to UK ownership Modern Railways, Key Publishing, 23 August 2022, retrieved 24 August 2022^
- Abellio UK to be renamed Transport UK Group as management buyout deal completes Abellio, retrieved 2023-03-02^
- Tim Deakin. Transport UK Group MBO of Abellio UK completes routeone, 2023-02-28, retrieved 2023-03-02^
- Mel Holley. Abellio's rail services to return to UK ownership Rail, Bauer Consumer Media, 7 September 2022, retrieved 1 March 2023^