Home Business SYSTRA buys TSP Projects

SYSTRA buys TSP Projects

Image: Leeds station roof – a TSP project with Network Rail.

TSP Projects, the engineering arm of British Steel, has been acquired by French consultancy and engineering concern Systra.

The move doubles the French company’s presence in the UK and will be known as ‘TSP Projects, a Systra company’.

TSP Projects’ expertise in civil engineering, electrification and track will expand and complement Systra’s existing UK rail engineering business. The French company, which is owned jointly by SNCF and RATP, already boasts national and international experience in high speed rail, heavy rail, metro, light rail transit and transport consultancy.

This major investment by the French company creates an 800-strong combined workforce in the UK and provides TSP Projects with a permanent owner aligned with its core activity. With an annual turnover of £35million, TSP Projects currently employs over 400 people across five offices in the UK: York, Manchester, Birmingham, Reading and Bristol and, from today, the teams will work alongside Systra Ltd, which has 13 UK offices.

Pascal Mercier, Systra Ltd CEO said: “As the signature team for transportation solutions, Systra is committed to providing clients with truly specialist expertise, delivered locally. This acquisition is a game-changer for our UK & Ireland business, placing us among the leading UK consulting engineering firms. This is a good fit between two like-minded companies with a shared commitment to excellence, safety and innovation.”

RailEngineer
RailEngineerhttp://www.railengineer.co.uk
Rail Engineer is the leading independent quality monthly magazine for engineers, project managers, directors and leading rail executive decision makers. Head to www.railsubs.com to make a free subscription to RailEngineer magazine or one of its sister publications.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Must Read

RIA launches RAIL 2050 Manifesto for the rail industry

As the UK heads towards a general election, the Railway Industry Association (RIA) has launched its RAIL 2050 Manifesto, setting out the...

Cornwall’s Capacity Triumph

Back in January 2018 (issue 159), Rail Engineer reported on a plan to increase the capacity of rail operations in Cornwall by...

Dawlish Sea Wall – the start of a 100-year plan

Over the last few years, Rail Engineer has written a number of articles about the Dawlish sea wall. There have been many pictures...

If it’s Tuesday it must be Olomouc

It is easy to sympathise with teachers who take groups of schoolchildren on educational visits, as they work hard to keep their...