Deal Summary
The Railway Engineering
Company
| client: |
The Railway Engineering Company |
| sector: |
Technology |
| description: |
Provider of advanced control systems to the
railway sector |
| deal type: |
Trade sale |
| deal size: |
Undisclosed |
| investor: |
Strainstall Group |
Company background
Founded in 2000 by three leading senior rail control
specialists TRE is a specialist provider of complex, advanced control
systems and services to the rail industry. Their capabilities in
modelling, software development and simulation give them a unique
ability to enable clients to trial solutions before committing them
to the live environment. Network Rail has used TRE’s signaller
training and assessment system, TRESIM, extensively at signalling
centres throughout its network and has recently committed to the
use of its Signaller Assistant system at several signalling centres
on the west coast main line. TRE’s system development skills
have also been widely employed by a number of major UK signalling
system suppliers.
Deal background
Strainstall Group is a broad-based engineering
business, specialising in load measurement and sensor based safety
technology, with over 40 years experience in a wide range of industries.
Market sectors include marine, offshore, transport, power, civil,
rail and construction on a world wide basis. Within the rail industry,
Strainstall supply sensors and systems to monitor a complex array
of parameters covering points, track dynamics, bridges and tunnels
and the wheel-rail interface. The acquisition of TRE will further
broaden the group’s rail interests.
Commenting on the sale, Peter Cross Managing Director
of TRE says:
“We were delighted with the professional
way in which Alaris handled the sale process and particularly with
their creative approach to identifying potential acquirers”
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