Keltbray Infrastructure Services (KIS) has completed the acquisition of Linbrooke Services’ rail business.
Linbrooke’s rail business is an approved Network Rail tier-one principal contractor, delivering design-and-build signalling, telecommunications and associated power solutions across the UK rail infrastructure since 2003.
The transaction sees 140 Linbrooke employees joining KIS along with a £500m pipeline of work..
Keltbray sold its Infrastructure Services business to private equity firm EMK Capital in August this year. [See previous report here.]
Commenting on the Linbrooke acquisition, KIS chief executive Darren James said: “We are pleased with this ‘on strategy’ acquisition of the Linbrooke rail business, generating additional capability to further penetrate the UK’s decarbonised transport market.”
In his company’s 2023 annual report, Linbrooke Services chief executive Lee Hallam commented on how large scale infrastructure project investment in the rail sector had slowed because of the dispute with trades unions over pay and conditions.