Latest Rail News

20.12.12

Hitachi announces TRE acquisition

Hitachi Europe Ltd has bought The Railway Engineering Company Ltd (TRE) in a £25.5m deal expected to be completed by the end of the month.

TRE supplies traffic operators’ training and assessment simulators, as well as automatic routing systems. Earlier this year, Hitachi became one of three companies awarded a contract to provide a TMS prototype to Network Rail (see RTM October/November 2012). The project will test and evaluate systems with the potential to roll out traffic management across the entire network.

All existing activities and staff will continue to operate from TRE’s current business locations.

Yutaka Saito, president & CEO of Infrastructure Systems Group and Infrastructure Systems Company, senior vice president and executive officer of Hitachi, Ltd. said: “Advanced social infrastructure systems are imperative to today’s world, in order to help reduce carbon emissions and build a sustainable society.

“Hitachi is therefore committed to expanding its total solutions business, by the integration of IT and social infrastructure systems. Through this acquisition, we aim to gain a foothold in expanding our social infrastructure systems business in the UK and Europe.”

Kiyoshi Yamamoto, managing director of Hitachi Europe Ltd. commented: “We are delighted to be announcing this new acquisition, in line with our plans to build a greater presence for Hitachi in the European Infrastructure Systems Business, including Rail industry. Together, we seek to leverage the considerable synergies in our product areas, including simulation, control and traffic management.

“This acquisition helps strengthen Hitachi’s vision of creating a strong social innovation business globally. Hitachi Rail Europe and The Railway Engineering Company already have been working together and we look forward to combining the efforts permanently to increase productivity, efficiency and innovation within the rail sector.”

TRE managing director Rob Butler commented: “We are very excited by the considerable opportunities this acquisition promises. We will continue to provide the same quality and service to our clients and look to further develop our offer as we simulate, validate and control railway signalling and operations both here in the UK and overseas.”

Coolin Desai, head of transportation & logistics at PwC, led the deal and said: “Overall, we have completed six transactions in 2012 involving Japanese firms acquiring here in the UK, meaning we are witnessing a significant upswing in Japanese inbound deal activity across a broad range of sectors.”

Tell us what you think – have your say below, or email us directly at opinion@railtechnologymagazine.com

Comments

Mikeyb   20/12/2012 at 17:46

Following on from the Siemens acquisition of Invensys Rail, here we have another UK-based rail technology company now falling into foreign hands. It would seem that many of our high-tech companies are presently valued quite low making them easy takeover targets. Incidentally, how many Japanese concerns have been acquired by European companies over the years? I cannot think of any, which makes me think that Tokyo might have a law that bars foreign involvement in any of their industries.

Add your comment

 

related

rail technology magazine tv

more videos >

latest rail news

Regional leaders call for HS2 to be completed all the way

21/06/2019Regional leaders call for HS2 to be completed all the way

HS2 must be completed all the way to the North and integrated with Northern Powerhouse Rail to achieve the maximum impact on rebalancing the UK&r... more >
Leading Women in Rail campaigner Anna Delvecchio honoured with portrait plaque at London Transport Museum

20/06/2019Leading Women in Rail campaigner Anna Delvecchio honoured with portrait plaque at London Transport Museum

Anna Delvecchio, the Rail Sector Deal co-lead and Amey’s commercial account director, has received unique recognition from the Rail Supply ... more >
Challenging perceptions of apprenticeships in the rail industry with Anna Delvecchio

20/06/2019Challenging perceptions of apprenticeships in the rail industry with Anna Delvecchio

RTM talks exclusively to one of the rising stars of the industry and Transport’s Woman of the Year 2018, Anna Delvecchio. Amey’s... more >

editor's comment

23/01/2018Out with the old...

Despite a few disappointing policy announcements, especially for the electrification aficionados amongst us, 2017 was, like Darren Caplan writes on page 20, a year generally marked by positive news for the rail industry. We polished off the iconic Ordsall Chord (p32), hit some solid milestones on Thameslink (p40), progressed on ambitious rolling stock orders (p16), and finally started moving forward on HS2 (p14) ‒ paving the way for a New Ye... read more >

rail industry focus

View all News

interviews

Advancing the rail industry with management degree apprenticeships

08/05/2019Advancing the rail industry with management degree apprenticeships

In answering the pressing questions of how current and future generations of managers can provide solutions to high-profile infrastructure projec... more >
Women in rail - is the industry on the right track?

12/03/2019Women in rail - is the industry on the right track?

RTM sits down with Samantha Smith, sole female member of the TransPennine Route Upgrade Alliance Leadership Team, to find out more about encourag... more >
TfN Strategic Transport Plan: not just for transport's sake

22/01/2019TfN Strategic Transport Plan: not just for transport's sake

Peter Molyneux, Transport for the North’s (TfN’s) strategic roads director, has been leading on the development of the seven economic... more >

last word

Encouraging youngsters to be safe on the railway

Encouraging youngsters to be safe on the railway

This summer, Arriva Group's CrossCountry and the Scout Association joined to launch a new partnership to promote rail safety among young people. ... more > more last word articles >

'the sleepers' daily blog

Apprentice to Co-leading the Rail Sector Deal

05/06/2019Apprentice to Co-leading the Rail Sector Deal

In a series of Q&A’s with key speakers on the run up to TransCityRail Midlands, we caught up with TransCityRail panellist and Amey&rsqu... more >
read more blog posts from 'the sleeper' >

comment

Challenging perceptions of apprenticeships in the rail industry with Anna Delvecchio

20/06/2019Challenging perceptions of apprenticeships in the rail industry with Anna Delvecchio

RTM talks exclusively to one of the rising stars of the industry and Transport’s Woman of the Year 2018, Anna Delvecchio. Amey’s... more >
Hitachi trains for Happy trains

10/06/2019Hitachi trains for Happy trains

ScotRail project manager Kirsty Devlin discusses the withdrawal of Class 365s, to be replaced with the brand-new Class 385 fleet. While Scot... more >
Malcolm Holmes on new stations for the Black Country

10/06/2019Malcolm Holmes on new stations for the Black Country

Malcolm Holmes, executive director of the West Midlands Rail Executive, described the new stations set to be built for the Black Country region o... more >
The skills bottleneck: Dealing with growing apprenticeship demand

10/06/2019The skills bottleneck: Dealing with growing apprenticeship demand

Richard Turner, head of apprenticeships at Network Rail, details the reasons for growing apprenticeship demand in the rail sector over the coming... more >