Rail infrastructure engineering services provider QTS Group Ltd has completed the acquisition of Uddingston-based rail electrification expert Rail Electrification Limited (REL). The acquisition, which will see REL operate as a wholly-owned subsidiary of QTS, brings the company into the Renew Ho
Renew Holdings
The parent company of Lanarkshire railway engineering contractor QTS has completed the acquisition of a highways contractor.
A full contribution from Scottish rail contractor QTS has helped Renew Holdings post record results for the year to September 30 2019. The engineering services group, which took over QTS in May 2018, reported operating profits up 21% to £39.4 million in the year to 30 September as group revenu
Specialist independent rail contractor QTS is to be sold to engineering services group Renew Holdings plc in an £80 million deal. QTS has a longstanding relationship with Network Rail, operating under long-term framework positions, and is well positioned for Control Period 6 where Network Rail's sp