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Rail News: M&A
10/20/2004
Rail News: M&A
Lloyd's Register Rail acquires Blue Print Rail
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Lloyd’s Register Rail Ltd. recently acquired international rail consulting firm Blue Print Rail Ltd. Terms weren’t disclosed.
The acquisition will enable Lloyd’s Register Rail to enhance its rolling stock engineering services and provide high profile rolling stock projects for a variety of clients, including vehicle builders, owners and operators, according to a prepared statement.
"[The deal] provides us with additional rolling stock engineering capability to underpin the continued development of our service portfolio, and enhance the rolling stock element of notified body activity for the high-speed rail directive and upcoming conventional directive," said Lloyd’s Register Rail Managing Director Paul Thomas in a prepared statement.
Lloyd’s Register Rail is a division of risk management firm Lloyd’s Register Group.
The acquisition will enable Lloyd’s Register Rail to enhance its rolling stock engineering services and provide high profile rolling stock projects for a variety of clients, including vehicle builders, owners and operators, according to a prepared statement.
"[The deal] provides us with additional rolling stock engineering capability to underpin the continued development of our service portfolio, and enhance the rolling stock element of notified body activity for the high-speed rail directive and upcoming conventional directive," said Lloyd’s Register Rail Managing Director Paul Thomas in a prepared statement.
Lloyd’s Register Rail is a division of risk management firm Lloyd’s Register Group.
