Keltbray looks overseas for new rail work

Grant Prior 1 month ago
Share

Keltbray Group is continuing its expansion programme with plans to work overseas for the first time in Canada.

The Enquirer revealed yesterday that Keltbray is set to buy Spie’s Distribution and Transmission business.

Now the firm is continuing its diversification after signing a deal with infrastructure development company Aecon.

The new joint venture will target contract opportunities on major rail overhead line electrification works in  Canada.

Aecon Rail Electrification Director for Canada, Dean Frazer, said: “We at Aecon are absolutely delighted in our new Joint Venture with UK partners Keltbray.

“The businesses complement each other in both knowledge and expertise, and will undoubtedly form an integral part in assisting Infrastructure Ontario with delivering the $11.bn of rail overhead contact system electrification works across Canada over the next ten years.”

Keltbray first entered the rail overhead line electrification market in 2010.

Keltbray Group CEO, Brendan Kerr said: “Our rail overhead line electrification business continues to go from strength to strength, increasing turnover by 11% in 2017.

“However the immediate future of the UK rail electrification arena looks less certain, and whilst we will maintain our commitment and focus on the UK market, it is only sensible and prudent for us to consider  markets overseas which provide a greater degree of certainty in the  medium term.

“Electrification is seen as a cornerstone in Canada’s drive to tackle climate change, and with our track record, we see Canada as a market with major opportunities for Keltbray.

“I believe our capabilities are a great match. We are in the very early stages of this partnership, but have started to relocate a small team of 10, which will be based in Canada to help us establish and plan for forthcoming tenders and works there over the coming months.

“While this new venture is exciting, we remain fully committed to winning electrification works and grow our business within the UK, where we continue to see opportunities.”

Latest news

Flooring specialist Polydeck Group in administration

Firm was locked in a long-running payment row with Balfour Beatty
1 day ago

Mace on board for £100m Olympia revamp

Exhibition centre will remain open during major refurbishment programme
2 days ago

Construction green light for delayed £135m bypass

Work on the Caernarfon and Bontnewydd bypass to start in November
2 days ago

Plans lodged for over 1,300 Lincoln Uni student rooms

Student complex to kick start £150m St Marks scheme
2 days ago

Fleeing tax cheats grounded over £1m phantom homes scam

HMRC officers catch construction con artists hiding in a Benidorm villa
2 days ago

United Utilities starts £800m network maintenance race

Shortlisted firms to be invited in July to bid for six-year framework
2 days ago

Network Rail renews cost consultant team

Currie and Brown, Motts, Gleeds, Arcadis, T+T and Corderoy win cost planning places
2 days ago

Boost your online presence – join the new Enquirer Directory

New site for suppliers and buyers will showcase their products, services and latest stories
3 weeks ago

KeolisAmey JV wins £5bn Welsh rail franchise

Joint venture will deliver £700m south wales Metro electrification project
3 days ago

Retractable pitch tested at Spurs stadium site

Huge pitch trays and touchline hydraulics in action for the first time
3 days ago

Builders named for £1.5bn Scottish social housing panel

Robertson, ENGIE, Bancon and Hadden take top honours
3 days ago

Bovis Homes fends off shareholder revolt over pay

Shareholders voted 38% against remuneration report at agm
3 days ago

Site safety shambles at care home extension

Residents put at fire risk from timber frame scheme. Main contractor now in liquidation
3 days ago

Wates wins £23m contract with London’s Brent Council

Work to start on Knowles House redevelopment in Harlesden
3 days ago

Speller Metcalfe wins £18m Coventry Uni job

Speller to start next month on former hospital site at Gulson Road
3 days ago

GPE to start trio of projects despite London caution

All three projects located next to Crossrail stations
4 days ago

Government slammed for not spotting Carillion was in trouble

Carillion bosses talked officials out of highest risk rating
4 days ago

Bouygues tipped for £135m Cardiff innovation campus

Cardiff University close to selecting firm after Kier moved on after pre-construction
4 days ago

Dandara plans 340-flat Bristol build to rent project

Bedminster plan includes a podium and tower at St Catherine's Place
4 days ago

Morrison agrees £59m price for East Ayrshire school complex

New Cumnock school complex incorporates three primary schools and two academies
4 days ago

Welsh towers get cash to replace Grenfell style cladding

Trio of Newport resi blocks get £3m of government funding to remove ACM panels
4 days ago

WSP raids CH2M and Atkins for infrastructure hires

WSP boosts local government transport arm
4 days ago

Galliford Try starts £47m Solihull retirement village

Contractor starts eleventh scheme for ExtraCare Charitable Trust
4 days ago

Sisk confirms next £96m office at Manchester Circle Square

Total orders at Manchester city centre scheme reach £240m
4 days ago

Galliford Try expects further hit from Aberdeen Bypass

Bad weather earlier this year drives up finishing costs on delayed Scottish road
5 days ago

Green light for Manchester’s Old Granada studio revamp

Work to start on studio revamp and new hotel in June
5 days ago

Renew counts cost of gas contracting exit

Renew expects the year ahead to show show growth after acquisition of rail contractor QTS
5 days ago

Drones to move construction materials around sites

Future gazer also predicts floating buildings and 3D printing solving the housing crisis
5 days ago

Forterra to boost brick production with new £95m plant

Materials giant to double capacity at Desford site
5 days ago

Watkin Jones has £900m of student schemes in pipeline

Sector still booming as contractor also continues expansion in build to rent market
5 days ago

Contractor services