UK: Monitoring technology company RailSense has acquired maintenance equipment supplier Bance, which produces tools and track trolleys.
Bance will continue to operate as a distinct brand, and RailSense will incorporate its sensor and monitoring technologies into Bance’s product lines where appropriate.
‘Bance is a respected name in the rail industry with nearly a century of heritage’, said RailSence CEO Tristan Lloyd-Baker on June 17. ‘Our acquisition marks an important step in preserving this legacy while enhancing it with RailSense’s focus on safety and reliability. Bance’s established products, trusted for decades, will continue to serve the industry with the same quality and dependability that customers expect.’
