Deutsche Bahn (DB), the national railway operator of Germany, has agreed to sell its international subsidiary Arriva Group to the American infrastructure asset management company I Squared Capital, this is reported by the railway transport news portal, Railway Supply.

DB Sells Arriva Group

Arriva provides bus and rail services in ten European markets, with its primary base being in the United Kingdom.

The business was British until it was acquired by DB in 2010.

KTZ will continue to cooperate with DB Engineering & Consulting

While DB did not disclose financial details, market experts have estimated the value of Arriva Group at approximately $1.68 billion.

The agreement is subject to approval by the DB board and the German Federal Ministry of Transport.

The process is expected to be completed in early 2024.

This sale is part of DB’s Strong Rail Group strategy, aimed at strengthening its domestic rail offerings by reducing the company’s international interests and investments.

Rail business, industry, and railway technology news from Railway Supply that you might have missed:

Luxury Tourist Train in Uzbekistan

Find the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.

Place your ads on webportal and in Railway Supply magazine. Detailed information is in Railway Supply media kit