Deutsche Bahn signs agreement to sell Arriva to I Squared
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Thursday, October 19, 2023
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Deutsche Bahn AG (DB) and I Squared Capital have signed an agreement for the sale of the whole of Arriva Group, including all of its operating businesses across 10 European markets, to I Squared, a leading global infrastructure investment manager.
Key Points:
- Deutsche Bahn AG (DB) and I Squared Capital have signed an agreement for the sale of the whole of Arriva Group, including all of its operating businesses across 10 European markets, to I Squared, a leading global infrastructure investment manager.
- The sale of non-core markets, including Arriva Sweden and Portugal in 2022 and Arriva Serbia, Denmark and Poland (Bus) was completed this year.
- Dr Levin Holle, Member of the Management Board for Finance and Logistics and CFO of Deutsche Bahn AG: “We are happy that I Squared is willing to support Arriva in its future growth.
- We’re confident that Arriva and I Squared together can play a vital role in delivering innovative and sustainable public transport offerings across Europe.”