Omio Group aquires Rail Europe in move set to shake up ground transportation

Deal is good news for mobility in Europe

Omio Group, the world's leading multimodal travel company, has revealed it has entered into an agreement to acquire major rail distribution platform, Rail Europe.

In a move that will see the brand become part of the Omio Group upon completion, Rail Europe but continue operating under its established brand, serving both B2B partners and travellers.

It's hoped the agreed deal will see it become the new leader in rail distribution at what is thought to be a poignant time for the industry as travel priorities shift among consumers off the back of changing attitudes to sustainability and heat challenges with the rise of cool staycations etc.

The global rail market is also projected to exceed $300 billion by 2032, as governments across Europe commit hundreds of billions of euros to rail infrastructure projects to increase capacity and shift more journeys away from road and air travel.

Jean-Francois Bessiron, chief B2B Officer at Omio Group, said: “This deal marks a transformative moment for the future of global ground transport. Omio and Rail Europe would give the industry a player with the technology and scale to make connected, accessible, and affordable train travel a reality for all. The sector has been constrained by outdated systems and controlled by dominant players for far too long.”

Björn Bender, CEO and executive chairman of Rail Europe, added: “The past few years have been transformational for Rail Europe. With our teams and partners, we built an independent business and a unique position in the global rail industry.

"For the next chapter, Omio and Rail Europe are a natural fit. Omio brings significant scale and transformative technology. 

"Rail Europe adds considerable rail experience, a trusted international consumer brand,  and the strongest B2B distribution network. Together, we would offer more to our travellers, partners and the rail industry than either company could achieve on its own.”

The proposed acquisition is subject to a consultation process with the CSE (Comité Social et Économique), which will issue an advisory opinion on the transaction. 

More news on this to come.