RSK buys rail track repair and renewal contractor

Grant Prior 11 months 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

Tilbury Douglas clears Interserve legacy jobs to return to profit

Revenue tops £500m in first year as standalone contractor
13 hours ago

Skills shortage puts big infrastructure projects at risk

Government failing as an intelligent client and now over-reliant on consultancies
17 hours ago

Contractors face further insulation board price hikes

Cost of PIR insulation boards set to rise another 10%
18 hours ago

Henry Boot wins £36m Rotherham Markets job

Project involves upgrading existing market and building a new library
18 hours ago

Keltbray hires new head of infrastructure procurement

Lukasz Olszewski will oversee rail, energy and highways business units
18 hours ago

Tunnel fit out robot to revolutionise civils work

Costain and VVB Engineering part of innovative consortium
18 hours ago

Funding deal for £86m wind turbine test centre

Latest investment at National Renewable Energy Centre in Blyth
1 day ago

Plan in for Manchester ‘upside-down’ 18-storey tower

Landmark cantilevered NXQ building plan for city Northern Quarter
2 days ago

London 25km Super Sewer hooked up for commissioning

Tideway completes connection to existing Lee Tunnel sewer system
2 days ago

£200m Lincoln ring-road approved

North Hykeham Relief Road granted planning permission
2 days ago

£1bn Manchester Airport City plan rebooted as new sci-tech hub

Plan pivots from offices to science and manufacturing campus, called MIX Manchester
3 days ago

Record results at maintenance specialist Renew

Infrastructure maintenance work continues to pay off for contractor
2 days ago

Barhale lands £21m shaft scheme for Thames Water

Civils specialist bags latest upgrade deal on Thames Water Ring Main
2 days ago

Caddick names new north east director

Former Laing O'Rourke project lead joins Yorkshire contractor
2 days ago

Mount Anvil wins London Camden estate rebuild

Deverloper wins £133m Bacton Phase 2 development in Gospel Oak
3 days ago

London Met Uni seeks firm for £280m estate upgrade

A single partner contractor will deliver 10-year building upgrade plan
3 days ago

Top 30 M&E contractors set for growth – ranking

Growth in data centres and commercial refits creates optimism for year ahead
3 days ago

Race starts for £17m Leicester station redevelopment

City Council aims to restore historic Victoria building
3 days ago

Plant bosses blast “inflexible” police over road bans

Officers spotted outside sites and depots monitoring movements of large kit
6 days ago

Waterproofing firm Pudlo rescued from administration

New owners take on business while sister firm Cemfree sold to SigmaRoc
3 days ago

Construction recovery rained-off in first quarter

Sharp rise in commercial orders offers hope for Summer recovery
6 days ago

Skanska tops April contract wins ranking

London office and data centre projects lift Skanska
6 days ago

Modular builder TopHat managing director departs

Andrew Shepherd leaves Goldman-Sachs backed volumetric business
6 days ago

Balfour wins major Rolls-Royce Derby campus expansion

Masterplan involving 14 building projects will take eight years to complete
6 days ago

Graham nets £60m stands revamp at Lord’s

Construction to start this summer at the home of cricket
7 days ago

Contractors face mental health quiz to win work

Prequalification specialist pushing for mental health questions in assessments
6 days ago

Building boss banned for covid loan abuse

Latest investigation into £50,000 Bounce Back Loan
6 days ago

Ready mix concrete giant files administration notice

Mixit Concrete Limited lodges court notice
7 days ago

Dual student towers plan for Birmingham Gun Quarter

Sama Investments goes to public consultation on 50-storey scheme
7 days ago

15 win £3.5bn Eastern Route Partnership railway deal

Amco, BAM, Morgan Sindall and Story among winners on Eastern Routes Partnership
7 days ago

Contractor services