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DOWNER EDI LIMITED — M&A Activity 2009
Jun 24, 2009
64784_rns_2009-06-24_43a786db-b42d-4ba6-b912-28cdccc1036d.pdf
M&A Activity
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Company Announcements Platform
Australian Securities Exchange and New Zealand Stock Exchange
Thursday 25 June 2009
VICTORIAN GOVERNMENT ANNOUNCES PREFERRED TENDERER FOR MELBOURNE’S TRAM FRANCHISE
The Victorian Government today announced KDR as the Preferred Tenderer for the Melbourne tram franchise.
KDR is a joint venture between Keolis and Downer EDI Rail both of which are considered world leaders in the areas of safety, innovation, reliability and customer service
Downer EDI Managing Director and CEO, Geoff Knox, said, “Keolis and Downer are fully committed to working with the Victorian Government to deliver a world-class transport solution for Melbourne and deliver its strategic transport objectives for the future.”
“KDR’s extensive experience in the successful delivery of public transport services throughout Australia, Europe, Asia, North America and the United Kingdom will deliver best practice operations and maintenance for the Melbourne metropolitan tram franchise.
Keolis, whose main shareholder is SNCF, the French National Railway company renowned for its reliability, is itself one of the leading transport groups in Europe and is the largest tram operator in the world,” he said.
Downer EDI Rail is part of the Downer EDI Group, a top-100 publicly-listed Australian company, employing over 24,000 people with annual turnover of $5.6 billion in FY 2008. Downer EDI Rail is one of Australia’s leading provider of rolling stock and associated maintenance activities.
Collectively the KDR shareholders manage major transport franchises, significant transport maintenance contracts and infrastructure projects throughout Australia, United Kingdom, Asia, Europe and North America; including the highly acclaimed European TGV high speed train.
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ASX Announcement (continued)
CONTACT DETAILS
Investors: Ross Moffat, Executive General Manager, Investor Relations, M: +61 412 256 224
Media: Maryanne Graham, Group Manager, Corporate Affairs, M: +61 407 252 230
Downer EDI Limited (www.downeredi.com) is an Australian top-100 company that provides comprehensive engineering and infrastructure management services to the public and private transport, energy, infrastructure, communications and resources sectors across Australia, New Zealand, the Asia-Pacific and the United Kingdom.
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