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Wed October 30 2024

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Canadian ownership for UK rail consultant

5 Oct 11 Rail technology consultant Interfleet Technology has been acquired by Canadian engineering group SNC-Lavalin.

Interfleet, with headquarters in Derby, was founded in 1994 out of the restructuring of the railways and privatisation of British Rail. It specializes in rolling stock, railway systems, and strategic railway management, and has grown from 90 to 600 staff in 22 locations around the world. Approximately half of the staff is UK-based in Derby, Edinburgh and London.

SNC-Lavalin executive vice president Jim Burke said: “Interfleet’s specialised expertise, complementary geographic presence and reputation for innovation are a strong addition to SNC-Lavalin’s service offering, particularly given the great growth potential in the rail sector worldwide. This acquisition, combined with our existing expertise in major rail projects, supports our long-term strategic plan for growth in this sector. We are pleased to welcome Interfleet to the team.”

Interfleet managing director David Rollin said: “The acquisition represents the best way to assure the future growth and development of the company. Interfleet and SNC-Lavalin have a complementary geographical reach and our company cultures and respective strategic plans are aligned. Together we will be able to provide an even wider range of resources, capabilities and services to our clients in future”.

SNC-Lavalin has offices across Canada and in more than 35 other countries around the world, providing infrastructure engineering, construction and maintenance services.

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