People Travel Group is a public transportation group that provides mainly airport ground transportation services, charter transportation, and personnel transportation.
People Travel Group has approximately 900 employees and generates annual revenue of around €60 million in 2006. It operates a fleet of 230 vehicles.
This northern Europe acquisition will enable Veolia Transport to expand its transportation business, especially that in airport ground transportation services, a market that it penetrated with the acquisition of SuperShuttle in the United States.
"We're very pleased to be building up our expertise and know-how in these flexible forms of transportation, which are now an indispensable part of the changing trends in urban lifestyles. These services contribute to meeting environmental challenges by offering an easy, practical service," said Cyrille du Peloux, Chief Executive Officer of Veolia Transport.