Aecom has acquired 30 percent equity interest in SLC Rail, a UK-based small and medium-sized enterprise (SME) operating in the rail sector.
The two companies have a well-established and long-standing working relationship on multiple projects in the UK. The investment deepens the relationship, positioning both organisations to jointly pursue future rail programme, route upgrade and station delivery opportunities from the strongest possible position.
The companies will use their complementary service offerings to accelerate the innovative, faster and lower cost delivery of rail enhancements resulting from SLC’s approach to the market, combining SLC’s strengths in programme initiation and development with Aecom’s global engineering, programme management and station design expertise.
“Our successful and long-standing partnership with Aecom over the past few years has already seen us positively shape the future of rail infrastructure project developments through our involvement with the Northumberland Line and Project SPEED. This investment is going to help us make more rail projects happen, increasing the prosperity of regions up and down the country,” Ian Walters, Managing Director of SLC Rail said.
Aecom and SLC are already jointly delivering strategically important rail projects, including the Northumberland Line and the West Midlands Rail Programme. The Northumberland Line is the biggest third-party rail upgrade project in the UK directly developed and promoted by a local authority and is part of the government’s Project SPEED initiative to deliver infrastructure faster.
“SLC Rail is an outstanding SME with whom we have a strong existing relationship, and our teams are collaborating today to successfully deliver a number of strategic regional rail programmes,” Mark Southwell, AECOM’s managing director of its Civils Infrastructure, UK & Ireland business said.
SLC Rail is a medium-sized independent rail consultancy company established 10 years ago. The company is working with all the stakeholders to obtain acceptance for the rail strategies the working team is developing. SLC is carrying out all the commercial, legal and operational challenges from assembling land, negotiating asset protection agreements and developing efficient timetables. With evidence-based rail strategies, SLC prioritises investment and secure funding, working with all industry and other stakeholders.
Share on:
