UK: Unipart Rail Acquire Park Signalling Ltd
Unipart Rail have acquired 100% of the share capital of Park Signalling Ltd, it was announced on 4 January 2016.
Park Signalling, established in 2000, is based in Stockport and offers signalling, telecoms, control and monitoring equipment for the rail sector both domestically and abroad.
Park Signalling will still trade as an independent corporation, with the ongoing security and support of Unipart Rail. It will also retain its management team, with John Slinn taking the role of Technical Director and Anthony Isaacs succeeding him as General Manager.
John Slinn said:
“We believe that Park Signalling perfectly complements the Unipart Rail product and service portfolio and the synergies will enable both businesses to access new markets and to continue to develop and expand their product range in the UK and overseas.”
Graham Jackson, Managing Director of Unipart Rail Manufacturing and Infrastructure said:
This acquisition complements the Unipart Rail product and service portfolio. The synergies, along with our combined skills and expertise, will enable both businesses to access new markets and to continue to develop and expand our offering.