Vp in €7 million Balfour Beatty Rail acquisition

By Helen Wright30 July 2014

UK-based rental equipment company Vp plc has acquired the trackside plant and equipment rental activity of Balfour Beatty Rail for £5.5 million (€7 million).

Rail engineering, design and construction business Balfour Beatty Rail Limited was part of contractor Balfour Beatty Group.

Vp said its rail equipment rental activity operated from a number of locations in the South East of England. Vp said these operations would be integrated into Torrent Trackside, Vp's specialist rail business.

It said the acquisition also included a five year framework agreement for the hire of trackside plant and equipment to Balfour Beatty Rail across the UK.

Jeremy Pilkington, chairman of Vp plc, said, “This transaction further strengths our business relationship with the Balfour Beatty Group and at the same time positions Torrent Trackside as the leading supplier of specialist portable rail equipment and associated services to the UK rail sector."

Latest News
Hitachi to showcase zero-emission excavator at IRE
Eight tonne model makes IRE debut
Trime to focus on sustainability at IRE
Energy-saving equipment on show
Ecofill Group appoint new CEO
Ecofill is a low-carbon technology and solution for the construction sector that transforms all types of clays and subsoils into aggregate replacement products on-site