TRAIN ENGINEERING consultancy Interfleet Technology has expanded its European operations with the acquisition of Swedish rolling stock consultancy services company TrainTech Engineering AB fromEuroMaint AB on October 1.
Created in 1988 as a business unit of SJ, TrainTech was launched as a separate subsidiary in 2000. It has around 90 consultants at various sites in Sweden, providing services to train operators, manufacturers and rolling stock maintainers. It has a turnover of SKr90m, and Interfleet believes the Swedish firm is similar to Interfleet in 1996, when it was formed as a management buyout from British Rail.
TrainTech is to be rebranded as Interfleet Technology AB, and an integration team has been set up to guide the merger, led by Michael Grace. ’This acquisition represents a 35% increase in group turnover to more than £27m’, said Interfleet Managing Director David Rollin. ’Interfleet will be able to bring expertise and a wider skills base to the local TrainTech operation. But more importantly, Interfleet as an international firm will be able to undertake larger projects throughout northern Europe.’
- Network Rail has approved Interfleet as a Plant Acceptance Body, able to certify infrastructure plant and equipment for use on the British network.