Loram acquires majority stake in RVEL

Written by Jenifer Nunez, assistant editor

Loram Maintenance of Way, Inc., has acquired a majority stake in Railway Vehicle Engineering Ltd. (RVEL) in Derby, United Kingdom.

 

RVEL offers maintenance, overhaul and engineering services to a range of UK passenger and freight rail operators and owners. RVEL also maintains Network Rail’s Infrastructure Monitoring Fleet.

This investment broadens Loram’s global footprint offering services and technologies to customers in the U.S., the U.K. and Europe.

Loram’s equipment and services include production rail grinding, specialty grinding, undercutting, shoulder ballast cleaning, track lifting, Railvac excavation, ditching, rail handling, track inspection, friction management services and data services.

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