The story
VGG was founded in 1996 as a subsidiary of the public services company Stadtwerke Görlitz, then wholly owned by the town council. In April 2001, the town council decided to sell the majority of its shares in Stadtwerke Görlitz to Vivendi Environnement, known since 2003 as Veolia. As part of this deal, VGG became co-owned by Connex (later known as Veolia Transport; since 2011, part of Transdev Germany).
From Wikipedia’s article on Verkehrsgesellschaft Görlitz, shared under CC BY-SA 4.0.4