12 October 2023

The Go-Ahead Group agrees sale of its German rail business to Austria’s ÖBB

Transaction means an exit for Go-Ahead from non-core German rail operations

Austria’s national railway company gains a foothold in regional rail passenger transport in Germany. Go-Ahead Germany employs 1,000 people, operates 144 trains and runs 20 million train kilometres annually.

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-Wurttemberg and two in Bavaria. Operations in Baden-Wurttemberg began in June 2019, with Bavaria following in December 2021, and the company has delivered positive outcomes for passengers – including a fleet of new trains, high customer service and increased capacity.

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 with high customer satisfaction and punctuality ratings.

“”
We are proud of the rail services we have delivered to passengers in Germany over the last four years in spite of very challenging conditions. We have introduced a fleet of new trains, we have brought in a very motivated team and established one of the biggest driver training schools in Germany. I am pleased that we are now able to sell the business in good shape to a well respected rail operator with ambitious plans for the German network. Go-Ahead remains fully committed to rail in the UK, and to expansion in metropolitan rail elsewhere in the world. I would like to thank all our colleagues in Germany and to offer them our very best wishes for the future.

Christian Schreyer

Group Chief Executive, The Go-Ahead Group

“”
We welcome this investment by ÖBB, which has a very good reputation in Germany. Our business in Germany will be future-proofed and positioned for growth. With ÖBB as a strong partner, this deal offers excellent prospects for our passengers, clients and employees.

Fabian Amini

Managing Director, Go-Ahead Germany