Kelsian Group

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Kelsian Group
FormerlySeaLink Travel Group
TypePublic
ASX: KLS
IndustryTourism & travel
Founded1989
Headquarters
Adelaide
,
Australia
Area served
Australia
United Kingdom
Singapore
Key people
Clint Feuerherdt (managing director)
Revenue$251.3 million (June 2019)
$23.4 million (June 2019)
SubsidiariesBay Islands Transit
Captain Cook Cruises
Captain Cook Cruises Western Australia
Gladstone Ferries
Kangaroo Island SeaLink
Matilda Cruises
RiverCity Ferries
Stradbroke Ferries
Transit Systems
Websitewww.kelsian.com

Kelsian Group, formerly SeaLink Travel Group, is an Australian public company that operates transport services in Australia, United Kingdom and Singapore.

History[]

In 1989, the business was founded with the purchase of the Kangaroo Island SeaLink business. In 2004, it purchased Subritzky Ferries in Auckland. This was sold in 2011.[1]

In 2011, the business of Captain Cook Cruises (including the previously taken over Matilda Cruises), Murray River Cruises and Sunferries Townsville was purchased.[1] The Townsville operation was rebranded Sealink.[2]

SeaLink has also diversified, purchasing specialist travel companies, managing the Adelaide Central bus station, operating the SkyLink Adelaide Airport Shuttle Service and a coach operation.[1][3] In September 2013, SeaLink commenced a ferry operation in Darwin.[4]

In October 2013, SeaLink was floated on the Australian Securities Exchange.[5]

In November 2015, SeaLink acquired Transit Systems marine operations, which includes:[6]

In February 2016, the Captain Cook Cruises Western Australia business was purchased.[7]

In October 2019, the company announced the acquisition of the remaining business of Transit Systems for $635 million.[8] As part of the transaction, Sealink's CEO, Jeff Ellison, stepped down, to be replaced by Transit Systems' CEO, Clint Feuerherdt, who took a 2.6% shareholding of the enlarged SeaLink.[9][10][11] Transit System's co-founder and chairman Neil Smith joined the SeaLink Board of Directors as a non-executive director and also took up 15.3% shareholding of the company.[12] The deal was completed in January 2020.[13]

On 4 November 2020, RiverCity Ferries took over the operation of Brisbane City Council's CityCat, CityHopper and Cross River Ferry networks from Transdev Brisbane Ferries.[14]

In September 2021, SeaLink Travel Group and the RATP Group announced that their respective London bus operations (including London United, London Sovereign and Tower Transit's Westbourne Park garage) would merge into a new joint venture called RATP Dev Transit London, with RATP Dev holding 87.5% and Tower Transit holding 12.5%.[15] The incorporation of the joint venture was finalised on 11 December 2021.[16] Tower Transit's Lea Interchange garage, located in East London, is not part of the joint venture and remains unaffected.[15]

In November 2021, SeaLink Travel Group was rebranded Kelsian Group.[17] "Kelsian" is an anagram of "SeaLink".

References[]

  1. ^ a b c Prospectus SeaLink Travel Group 2013
  2. ^ Sealink News Sealink Queensland
  3. ^ SeaLink Australian Bus Fleet Lists
  4. ^ Half Yearly Report SeaLink 31 December 2013
  5. ^ Terry Dodd has each way bet on Manly fast ferries tender Sydney Morning Herald 3 December 2014
  6. ^ "Completion of Acquisition of Transit Systems Marine". SeaLink Travel Group. 6 November 2015. Archived from the original on 29 February 2016. Retrieved 1 February 2016.
  7. ^ Acquisition of Captain Cook Cruises Western Australia SeaLink Travel Group 24 February 2016
  8. ^ "SeaLink to buy bus business Transit Systems, raise equity". Australian Financial Review. 7 October 2019.
  9. ^ "SeaLink boss to set sail in bus buyout deal". Australian Financial Review. 7 October 2019.
  10. ^ "SeaLink gets on the bus in $635m Transit Systems buy". The Australian. 7 October 2019.
  11. ^ "SeaLink eyes offshore push with Transit Systems". Australian Financial Review. 8 October 2019.
  12. ^ "SeaLink announces strategic acquisition of Transit Systems Group and launches capital raising". SeaLink Travel Group. 7 October 2019. Archived from the original on 8 October 2019. Retrieved 8 October 2019.
  13. ^ Sealink Completes Acquisition of Transit Systems Group SeaLink Travel Group 16 January 2020
  14. ^ "SeaLink Travel Group Onboard As Brisbane's New Ferry Operator". SeaLink Travel Group. 29 June 2020. Retrieved 29 June 2020.{{cite web}}: CS1 maint: url-status (link)
  15. ^ a b "SeaLink Enters Binding Joint Venture Agreement for West London Bus Operations". 22 September 2021. Retrieved 22 September 2021.
  16. ^ "Joint Venture Completion - RATP Dev Transit London Ltd". 13 December 2021. Retrieved 17 December 2021.
  17. ^ "SeaLink Travel Group unveils a new name to support growth and diversification". SeaLink Travel Group. 5 November 2021. Archived from the original on 11 November 2021.
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