Arriva is currently owned by the infrastructure investment firm I Squared Capital (often written “I Squared”).

Quick Scoop: Who owns Arriva now?

  • Arriva Group was owned by the German state railway operator Deutsche Bahn from 2010 until mid‑2024.
  • In October 2023, Deutsche Bahn agreed to sell Arriva to I Squared Capital, a global infrastructure investor based in Miami.
  • The acquisition completed in June 2024, and Arriva Group and its operating companies across 11 European countries transferred to I Squared.
  • I Squared has committed significant long‑term investment (around €2 billion reported in the financial press) to expand and decarbonise Arriva’s fleet, especially in the UK.

So if you’re asking “who owns Arriva” today in 2026, the answer is: Arriva Group is owned by I Squared Capital, not Deutsche Bahn anymore.

Information gathered from public forums or data available on the internet and portrayed here.