Keolis


Keolis is a French transportation company that operates public transport systems all over the world. It manages bus, rapid transit, tram, coach networks, rental bikes, car parks, water taxi, cable car, trolleybus, and funicular services. Based in Paris, France, the company is 70% owned by SNCF and 30% owned by the Caisse de dépôt et placement du Québec.
Keolis operates a number of networks in France. Internationally, it manages buses in several cities in Sweden, central and eastern regions of the Netherlands, and in the United States. It also manages various rail networks internationally, such as the commuter rail in Boston, the Hyderabad Metro, the Docklands Light Railway in London, the Pujiang line of the Shanghai Metro, the Nottingham Express Transit, and the Manchester Metrolink.

History

Origins

Keolis was formed from several former companies:
  • Société des transports automobiles, which was created in 1908, and its subsidiary Société générale des transports départementaux
  • Lesexel, an electricity company created in 1911 to support the development of tramways
  • Société de transports routiers de voyageurs, a subsidiary of and later SNCF, which was renamed in 1988 during its merger with STV
These companies underwent a series of reorganizations, mergers and acquisitions, which resulted in two companies:, focused primarily on urban transport, and Cariane, specialized in interurban public transport.

Creation and development in the 2000s

In 1999, SNCF became the leading shareholder in VIA-GTI, which merged with Cariane in 2001 to become Keolis.
In 2005, through its stake in GoVia, Keolis became co-owner of the South Eastern rail franchise in the United Kingdom.
In 2006, Keolis won the franchise for Hellweg Net in Germany and later on for Maas-Rhein-Lippe Net and Teutoburger-Wald Net in Deutschland and Nederland. In 2007, Keolis acquired City-Trafic in Denmark.
In 2008, Keolis took control of Eurobus Holding in Belgium. In 2009, Keolis set up operations in Melbourne, Washington, D.C., Bergen and Bordeaux.
In 2010, EFFIA became a Keolis subsidiary.

Since 2010

In 2012, Keolis acquired 100% of Syntus in the Netherlands and Orléans Express in Canada. The company also set up operations in Hyderabad, India. In 2013, Keolis won part of the Las Vegas urban network. In 2014, Keolis won a 30-year public-private partnership contract to maintain and operate the Ion rapid transit in Waterloo, Ontario, Canada.
In the same year, Keolis won the operations and maintenance contract for Metrolink, the United Kingdom's largest tramway network, in Manchester, and was also selected by Foothill Transit to operate and maintain the Municipal Transit Network for the Eastern San Gabriel Valley of Los Angeles County.
The company also expanded in the Asian market, starting operation of Hyderabad's automatic air metro network, and winning, as part of a joint venture with RATP Dev and the Qatar Hamad Group, the contract to operate and maintain Qatar's first public transport network, including the operation of the future automatic metro in Doha and the tramway network in the new city of Lusail.
In 2018, the company generated revenues of €5.9 billion and had 63,000 employees. Keolis has been led by Marie-Ange Debon since September 2020.
In 2018, Keolis started operating the Pujiang metro line, the first automatic metro line in the Shanghai network, and started a contract to operate the Wales & Borders rail network in Wales until the nationalisation of day to day services in February 2021, with Keolis retaining a partnership with the new national operator until the original contract expires.

Operations

Australia

Keolis held 51% shareholding in Keolis Downer, which has operated the Melbourne tram network since November 2009. Keolis Downer has operated the G:link light rail line on the Gold Coast since July 2014.
In March 2015, Keolis Downer purchased bus operator Australian Transit Enterprises, which operates the Hornibrook Bus Lines, LinkSA, Path Transit and SouthLink operations with 930 buses. During July 2017, Keolis Downer trading as Newcastle Transport took over the Newcastle Buses & Ferries business under a 10-year contract. Newcastle Transport also operates the Newcastle Light Rail since February 2019. In October 2019, the Government of New South Wales announced that the bus operations of State Transit were to be contracted out to the private sector. During May 2021, Keolis Downer was awarded the contract to operate Sydney Bus Region 8. Keolis Downer Northern Beaches commenced operating on 31 October 2021 with its contract to run for eight years.
In July 2025, Keolis agreed terms to purchase Downer Group's 49% stake in Keolis Downer. It was completed in December 2025 with the joint venture dissolved. Keolis now operates in Australia as "Keolis Australia"
Keolis currently has 8 main operations in Australia including:
Keolis Canada operates as a subsidiary of Keolis America. The majority of its Canadian operations are located in Montreal, where it operates the Quebec intercity bus company Orléans Express and part of the Exo Mascouche sector. In addition, under its own brand, Keolis provides shuttle bus services between Ottawa Train Station and Montreal Airport for Air France and KLM passengers.
From 2004 to 2012, the company also operated Acadian Lines intercity buses in The Maritimes. The latter services have since been taken over by independent operator Maritime Bus.
Keolis is a partner in the GrandLinq consortium and operator of the Ion rapid transit system in Waterloo Region, Ontario.
In July 2024, Keolis announced that it is acquiring Pacific Western Transportation's Transit and Motorcoach operations.
Keolis is a partner in the Cadence consortium. In February 2025, it was announced they would be developing Alto, a high-speed rail line between Toronto and Quebec City.

China

In China, Keolis and Shanghai Shentong Metro Group, the owner of Shanghai Metro, created a joint venture called Shanghai Keolis in March 2014. Shanghai Keolis started operating the Pujiang line in March 2018. It would also be operating Shanghai Pudong International Airport's people mover system in 2019, which will link the proposed satellite concourse building with the existing Terminal 1 and Terminal 2, as well as the Songjiang Tram within the Songjiang Region, a suburb west of Shanghai downtown, in 2020.
An agreement had been signed between Keolis and Hubei Government, and Keolis will be responsible for Greater Wuhan area's suburban railway operation.

Denmark

Keolis Danmark is the second biggest bus operator in Denmark with 500 buses and 1,500 employees. Keolis entered the Danish market in 1999 when they bought 49% of the Danish bus operator City-Trafik. During 2007, City-Trafik became a wholly owned subsidiary of Keolis. In 2014, City-Trafik surprised the Danish bus industry when they announced their plans to merger with Nettbuss Danish subsidiary in a joint venture, Keolis owning 75% while Nettbuss held a 25% stake, until the merger was accepted by the Danish authorities. The former City-Trafik was named Keolis Bus Danmark and the former Nettbuss Danmark was named Keolis Danmark. During late 2014, the Danish authorities accepted the merger, permitting the two companies to merge as Keolis Danmark in the following year. During 2015, Keolis was also awarded a contract to operate the first tram in Denmark in Aarhus, which was set to open two years later. In 2016, Keolis SA bought the last 25% of the shares from Nettbuss AS, making Keolis Danmark a wholly owned subsidiary of Keolis.

France

Keolis has extensive operations in France. It provides transit services in many cities including Bordeaux, Dijon, Lille, Lyon, Orléans, and Rennes. In January 2016, the 260 vehicle Transports Daniel Myers business was purchased. Based in the Essonne/Val-de-Marne basin, its main operations are in Montlhéry, Etampes and Avrainville.

Germany

Keolis held a majority stake with Rhenus in the Eurobahn joint venture at its founding in 1998. Under the Eurobahn brand, Keolis operated multiple regional train services in the German state of North Rhine-Westphalia, Lower Saxony and in the Netherlands. Eurobahn used Stadler Flirt electric multiple units and Bombardier Talent diesel cars to serve these lines. During December 2007, the joint venture was dissolved; at this point, Rhenus took ownership of the bus operations and two railway contracts while Keolis gained full ownership of Eurobahn and the remaining contracts.
In October 2021, Keolis announced its intention to divest Eurobahn and withdraw from the German market. It was sold to a subsidiary of the law firm Noerr during December 2021.

India

In 2012, Keolis was awarded the Operation and Maintenance contract of the Hyderabad Metro Rail project. This contract marked Keolis's foray into the Indian market. The Hyderabad Metro Rail Project is valued at 220 billion. Keolis Hyderabad, along with L&T, commenced metro rail operations from 27 November 2017.

Netherlands

Keolis's subsidiary in Netherlands is Keolis Nederland, originally named Syntus.
In 1999, Keolis commenced operations in the Netherlands through a 33% shareholding in Syntus. During 2007, this stake was increased to 50%. In 2012, Keolis purchased Nederlandse Spoorwegen's 50% share in the venture, thus acquiring full control of Syntus. The Syntus brand was retired in October 2017 and replaced by the Keolis Nederland brand.