Who owns Keolis?
Keolis is owned by SNCF (France).[1]
SNCF owns 70% of Keolis rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: SNCF Group 2025 Financial and Sustainability Report. Last checked .
Key facts
- Current owner
- SNCF (Société nationale SNCF) (70% stake) reported
- Owner HQ
- 🇫🇷 France, Saint-Denis
- Origin
- 🇫🇷 France
- Category
- Travel & transport › Railways
- Last verified
- · 1 sources
About Keolis
Keolis operates urban and suburban bus, tram, metro and rail networks for mobility authorities. The SNCF 2025 financial report says SNCF took control with 56.7% of the share capital and raised its stake to 70% through later purchases of minority interests, and shows Keolis Canada at 70% group interest.
Ownership timeline of Keolis
Where Keolis sits in SNCF
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full SNCF ownership tree →
See the full SNCF brand portfolio (6) →
Other brands owned by SNCF
SNCF controls 6 brands on Brandtree, 6 of them in travel & transport.
Also in travel & transport
Other brands in railways, and who owns them
The 91 brands in railways on Brandtree belong to 68 owners. The largest is DfT Operator, with 9; SNCF has 4.
| Brand | Owner | Owner based in |
|---|---|---|
| c2c | DfT Operator | 🇬🇧 United Kingdom |
| Avanti West Coast | FirstGroup | 🇬🇧 United Kingdom |
| CPKC | CPKC | 🇨🇦 Canada |
| Linha 4 do Metrô de São Paulo | Motiva | 🇧🇷 Brazil |
| Hellenic Train | FS Italiane | 🇮🇹 Italy |
| Transtar | FTAI Infrastructure | 🇺🇸 United States |
| KAI Commuter | KAI | 🇮🇩 Indonesia |
| LTG Cargo | LTG Group | 🇱🇹 Lithuania |
About the owner: SNCF
SNCF is a state-owned company headquartered in Saint-Denis, France. Brandtree records 6 brands under its control.
SNCF is the French railway group. Its 2025 financial report says the head company, SNCF SA, is 100% owned by the French State, and that SNCF Réseau and SNCF Voyageurs are wholly owned by SNCF SA. The report lists Keolis, GEODIS and Rail Logistics Europe among its subsidiaries, and consolidates Eurostar Group at 56%.
🇫🇷 Keolis and other French brands
Brandtree records a controlling owner for 318 brands that began in France. 99 of them (31%) are now controlled by a company headquartered in another country; Keolis is not one of them.
- APRR — Eiffage 🇫🇷
- ASF — VINCI 🇫🇷
- Air Caraïbes — Dubreuil Aéro 🇫🇷
- Air Corsica — Air Corsica 🇫🇷
- Air France — Air France-KLM 🇫🇷
- Arval — Arval 🇫🇷
Frequently asked questions
Who is the parent company of Keolis?
The parent company of Keolis is SNCF, a state-owned company headquartered in France.
Is Keolis French?
Yes. Keolis originated in France and its owner, SNCF, is also headquartered in France.
Is Keolis still owned by SNCF?
Yes. As of 5 October 2026, Keolis is still owned by SNCF (70% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] SNCF Group 2025 Financial and Sustainability Report — SNCF, Annual report; retrieved 5 October 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.