RSK buys rail track repair and renewal contractor

Grant Prior 2 years ago
Share

Expanding consultant RSK has boosted its rail sector presence with the acquisition of track renewal and repair specialist 1stinrail.

The contractor is an engineering partner of choice for Network Rail, Transport for London, Siemens, Northern Rail, West Midland Trains, Stadler, CBRE and multiple Tier 1 contractors such as VolkerFitzpatrick, AmcoGiffen and the Buckingham Group.

It has an annual turnover of £22m and a workforce of around 400.

1stinrail Managing Director Stephen Jackson, who will continue to lead the business, said: “The acquisition of 1stinrail by the RSK Group is a significant step forwards in our original vision to become one of the UK’s leading track contracting organisations.

“As part of this plan, it is essential that we provide our clients, when required, with a multidisciplinary end-to-end solution to their needs, as well as being able to assist them with expert advice and support across a much wider range of technical and operational requirements than just p-way.

“We are delighted to become a member of the RSK Group to both strengthen our current capabilities and be part of an established group of companies and personnel with a wealth of experience and capabilities in such sectors as design and engineering, environmental management, ground investigation and remediation, transport planning, civil engineering and building work.

“This will not only enhance our service offering to our existing clients but also enable us to grow and develop throughout the industry.”

RSK Group Chief Executive Officer Alan Ryder said: “This is an important acquisition of a business boasting a range of skilled professionals and an excellent reputation with its clients.

“1stinrail makes a significant contribution to our ongoing strategy of expanding our presence and capability in the rail infrastructure sector. 1stinrail will enhance the RSK Group offering and range of skilled and complementary services to clients in the wider rail sector.

“As RSK continues to deliver its ambitious growth strategy, it now comprises more than 175 companies, employing 11,000 people. The group’s annual turnover at the end of FY22 was £796m.”

Latest news

Morgan Sindall contracts league champion for second year

Kier ranks second in closely contested race between majors
11 hours ago

New Year layoffs as Scottish modular house builder collapses

East Ayrshire Connect Modular falls into administration
11 hours ago

Thames Water bidders day for £2.2bn reservoir scheme

Tenders to be invited in October for new Abingdon reservoir in Oxfordshire
11 hours ago

Buckingham Plant Hire quits heavy kit market

Firm to sell fleet and focus on lighter, sustainable plant
1 day ago

Clients ‘ignoring building safety’ reforms

Clients still subjecting contractors to aggressive and sub-economic pricing
10 hours ago

Castleforge plans expansion after £100m data centre deal

Investor moves into booming data centre market
11 hours ago

Construction output growth drops to six-month low

Subcontractor rates rise at fastest rate for 18 months
1 day ago

Suir Engineering swoops for Scottish M&E contractor

Irish M&E firm launches UK expansion with Taylor & Fraser acquisition
1 day ago

Aggregates supply firm files administration notice

Ashville Aggregates and Concrete operates across London and South East
1 day ago

Plans in for 44-storey Manchester resi tower

Developer Glenbrook to appoint contractor this year
2 days ago

Briggs & Forrester names new engineering services MD

Will Newman replaces Ian Lawrence who steps down after eight years
1 day ago

Morgan Sindall bags Salford Uni acoustics building

Planning submitted for Acoustics Building at Crescent Innovation area
2 days ago

Lambeth to release six sites for £250m homes plan

Call for development partner to deliver 450 mixed tenure homes
1 day ago

Adrian Speller joins brother as joint MD of Midlands builder

Speller Metcalfe boosts senior leadership team
2 days ago

Winner unveiled for £2.9bn aqueduct revamp

Construction costs for Haweswater Aqueduct rise to £2.9bn from £1.75bn
5 days ago

Fortem and Equans face fight for £3bn housing upkeep deal

Birmingham City Council aims to sign new 10-year deals for four regions
2 days ago

Lendlease strikes deal to sell UK construction arm for £35m

US private equity firm Atlas to finalise purchase deal by summer
6 days ago

Hercules to offload suction excavator arm

Fleet of 30 trucks generates around £5m revenue a year
2 days ago

Tarmac trials new technique to cut concrete road noise

Quieter trips for drivers and longer-lasting roads
2 days ago

HS2 set for “fundamental reset” to lower construction costs

New chief executive promises action after latest project update
1 week ago

Solar panel installer fined £120,000 after roof fall

Court hears how employee broke his leg in fall
6 days ago

Network Rail chief Andrew Haines knighted

Thin pickings for construction in this year's New Year Honours
1 week ago

Staff stunned as engineering consultancy Clarkebond closes

Firm was only bought three months ago by rival Independent Design House Group
2 weeks ago

Vistry issues third profit warning in three months

Profit expected to fall £50m below forecast due to delayed completions
2 weeks ago

Miller Homes buys St Modwen Homes for £215m

Scottish house builder snaps up £368m turnover rival
3 weeks ago

Keltbray fine increased to £18m after failed bid rigging appeal

Contractor loses penalty discount for settling with competition authorities
3 weeks ago

Luxury house builder goes under with 70 job losses

Octagon Developments in administration after 40 years in business
3 weeks ago

Top Ten best read stories of 2024

The biggest headlines of an eventful year. Have a good one and here's to a successful 2025
3 weeks ago

BAM Nuttall fined £800,000 after concrete skip tragedy

Young labourer killed by falling bale arm
3 weeks ago

Keltbray infrastructure business reveals new name

AUREOS means "new dawn" after private equity acquisition
3 weeks ago

Contractor services