Wednesday, July 10, 2024

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Pacific Western Transportation (PWT): Keolis North America is pleased to announce an agreement with Student Transportation of America (STA) to acquire two business lines from Transit and Motorcoach. The acquisition marks a significant expansion of Keolis’ operations in Canada. Upon completion, Keolis will double its presence in the country, adding approximately 550 operated vehicles in 23 municipalities, 1,100 employees and annual revenue of approximately 115 million Canadian dollars (84 million USD) in 2023. This move will strengthen the position of Keolis. Leading operator of urban transit, intercity buses and on-demand buses in Western Canada.

The transit and motorcoach business entities included in this agreement are PWTransit Canada Ltd., Prince George Transit Ltd., Whistler Transit Ltd., Pacific Western Charters Ltd., and Red Arrow Express Ltd., which includes the Ebus and Red Arrow brands. The transaction will expand Keolis’ geographic footprint in Canada, complementing its existing operations in Quebec and Ontario. It will strengthen Keolis’ position as the operator of choice for public transit authorities in Canada.

Under the agreement, Keolis will provide safe and reliable transportation services on transit and motorcoach lines in Alberta, British Columbia and Ontario. The company will leverage local expertise while incorporating international best practices from its operations in 13 countries for over 300 public transport authorities.

The transaction is subject to customary closing conditions, including regulatory approvals in Canada.

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