posted on 16th Oct 2023 08:18
On 12 October 2023 the Go-Ahead Group has reached an agreement to sell its German rail business, Go-Ahead Verkehrsgesellschaft Deutschland GmbH, to Austria’s ÖBB-Personenverkehr AG. The transaction is subject to competition approval and is expected to be completed by the end of 2023. Go-Ahead Germany operates three rail contracts in Baden-Württemberg and two in Bayern. Operations in Baden-Württemberg began in June 2019, with Bayern following in December 2021.
Go-Ahead Germany employs 1,000 people, operates 144 trains and runs 20 million train kilometres annually. The transaction means an exit for Go-Ahead from non-core German rail operations
The sale of Go-Ahead Germany will future-proof the business and create a platform for ÖBB to enter the German regional rail market and grow in the country. Customers will benefit from the know-how of ÖBB, which operates 4,400 local trains daily in Austria, transporting 210 million passengers annually.