Infranity, a European investor in sustainable infrastructure and part of Generali Investments, has entered into exclusive negotiations with French bus operator Transarc’s shareholders — La Planchette Investissement, Bpifrance, CARVEST and IDIA Capital Investment — to acquire a majority stake in Transarc. Financial terms were not disclosed.
Transarc owns and operates a fleet of approximately 1,500 vehicles across 25 departments in six regions of France. The company provides various public services, including school transport, regular lines and individualized transport, underpinned by contracts with public transport authorities.
Infranity said this takeover is aligned with its strategy to invest in companies with strong infrastructure fundamentals and a robust track record, combined with an ambitious growth plan that includes sustainability-linked objectives. Infranity plans to support the company’s growth and electrification of Transarc’s fleet, following the
