As declared by Deutsche Bahn (DB) for a long time, the company, which acquired the British company in 2010, was looking for a suitable buyer to focus more on its domestic rail activities in Germany. Now, the buyer has been found: I Squared.
This US-based private equity company has a diverse portfolio of 72 companies in 59 countries worldwide. It is active in transport, logistics, energy, utilities and digital infrastructure, focusing on low-carbon infrastructure. This fits Arriva’s strategic goals of net-zero operations and fleet decarbonisation. In transportation, I Squared’s best-known asset is the trucks and trailers leasing company TIP Group.
I Squared has committed to providing Arriva with long-term capital to invest in Arriva’s business and people.
Arriva operates in the Czech Republic, Croatia, Hungary, Italy, the Netherlands, Poland, Slovakia, Slovenia, Spain and the United Kingdom. Most of these countries are covered by bus services, while it operates trains in Czechia (Arriva vlaky), the Netherlands (Arriva Personenvervoer Nederland), Poland (Arriva RP), and the UK (Arriva UK Trains).
Arriva sold its Swedish business to VR Group in 2022, and in June 2023, it announced the sale of its transport businesses in Denmark and Serbia to an investment holding Mutares SE & Co. KGaA.
