Latest Rail News

27.08.13

Knorr-Bremse acquires Railcare

Railcare has been acquired by Knorr-Bremse Rail Systems (UK) Limited, securing over 200 jobs at two sites.

Earlier this month Railcare went into administration, with the loss of 33 jobs at Springburn, Glasgow, and 118 at Wolverton, near Milton Keynes. The new company will be called Knorr-Bremse RailServices (UK) Limited.

Paul Goodhand, managing director of Knorr-Bremse in the UK, said: “We are delighted to welcome Railcare into the Knorr-Bremse family of companies based here in the UK. My team and I in the UK and the Executive Board of Knorr-Bremse are committed to the future success of Knorr-Bremse RailServices (UK) Limited.

“We see Knorr-Bremse RailServices operations developing and expanding in the future in what we view as a dynamic area of rail operations with much potential. Railcare currently has many skilled and experienced individuals working at both its sites, in vehicle overhaul and repair but also in specialist incident repair and logistics.

“We believe that with the support of Knorr-Bremse, both in terms of solid financial investment and in process and management experience and support, we will, together with the existing team, be able to create a strong, new company. Our vision for Knorr-Bremse RailServices (UK) Limited is to create a company which supports customers in keeping their trains running through offering them an outstanding range of quality train maintenance and repair specialist services going forward.”

National officer for Unite, Julia Long, said: "This is very encouraging news and Unite is seeking talks with the new owners at the earliest opportunity. There still remains a number of details which we hope to get clarification on and look forward to a positive working relationship with the company.”

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