Gide Loyrette Nouel (GLN) and Pinsent Masons have played pivotal roles in the transfer of Hong Kong's iconic tramway which saw Veolia Transport China and Wharf (Holdings) Limited enter into a 50-50 partnership to operate Hong Kong Tramways Limited.

The iconic Hong Kong Tramways has been operating tram services in HK since 1904 and currently has a fleet of 163 tramcars. It boasts the world's largest operational fleet of double-decker tramcars, which transport an average of 240,000 passengers per day. Veolia Transport will be responsible for the operation and management of the network.

A GLN team led by Rebecca Silli acted for Veolia Transport on the deal while Peter Bullock led a Pinsents team responsible for the due diligence and Hong Kong aspects of the transaction.