The Go-Ahead Group is to enter the German rail market in June 2019, after winning two contracts in the Baden-Wurttemberg region of southwest Germany.
The contracts will run from June 2019 until 2032, and are expected to generate revenues of 1.6 billion euros (around £1.12bn) over their duration.
Operating company Go-Ahead Verkehrsgesellschaft Deutschland GmbH will run approximately 3.7 million train-kilometres (2.3 million train-miles) each year for Netz 1 Lot 2 and 4.4 million train-kilometres each year for Netz 1 Lot 3.
Go-Ahead Chief Executive David Brown said: “We have 18 years’ experience providing passenger rail services in the UK, operating on busy and complex networks, and we are pleased to be able to bring our expertise to the German rail market.
A standstill period of ten days will take place before the contracts are concluded.