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Intertoll Group is pleased to announce that it has achieved financial close with Murray & Roberts Group in South Africa, for the acquisition of their 50% shareholding in the Bombela Concession Company that owns the Gautrain PPP project in South Africa. 

The acquisition grows the Intertoll business significantly outside of Europe, more than doubling the Group revenues, and adds diversity to the Intertoll Group investments portfolio away from just roads with the move into the rail sector. Intertoll will look to grow their business in the rail sector further worldwide over the next few years, assisted by the experienced management team and references from the Bombela project.

The Gautrain PPP project was originally awarded in 2006 by the Gauteng Provincial Government to design, build, operate, maintain, and partially finance the Gautrain project. The Gautrain project is a South African PPP Project that includes the maintenance and operation of the Gautrain rapid rail system in the Province of Gauteng. The Gautrain commenced operation in 2010 and to date has transported in excess of 120 million passengers and with an average punctuality of 98.4%, making the Gautrain one of the most reliable passenger train services in the world. The Gautrain offers international standards of public transport with high levels of safety, reliability, predictability, and comfort. Travelling at a maximum of 160 kilometres per hour, it connects Hatfield station with Johannesburg Park station in approximately 42 minutes, and Sandton station with OR Tambo International Airport in approximately 15 minutes. The train service is complemented by a dedicated bus fleet that transports passengers in air-conditioned comfort between the stations and surrounding suburbs and business nodes. The trains, stations and buses are accessible to people with disabilities.