Angel Trains acquires Readypower Group

LEADING UK rolling stock leasing company Angel Trains Ltd has added to its rail portfolio with the acquisition of specialist rail and infrastructure services provider Readypower Group.

Readypower, which will continue to operate as an independent business, provides specialised on-track plant equipment for the rail industry, as well as civil engineering, drainage, haulage, and operating services.

Readypower will retain its brand name and the company’s management team.

It operates from six major hubs throughout the UK and is already supporting vital rail infrastructure improvement projects around the country.

Angel Trains chief executive officer Malcolm Brown said: “Angel Trains and Readypower are very complementary businesses with a singular focus on supporting the UK rail network. We are both committed to the success of the UK rail industry and by working together we know we can make real progress in improving the system for passengers and freight across the country.

“We bring a wealth of understanding and experience of managing rail assets and believe we can help Readypower to realise its full potential in the years ahead.”