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ALSTOM AND BALFOUR BEATTY LAUNCH SIGNALLING
JOINT VENTURE COMPANY IN UK
The new company, Signalling Solutions Limited, is now
responsible for contracts totalling £76 million
Alstom and Balfour Beatty have officially launched their newly formed 50/50 joint venture company Signalling Solutions Limited.
Signalling Solutions combines the railway signalling resources of Alstom Transport Information Solutions and Balfour Beatty Rail Projects to provide the railway signalling markets in the UK and Ireland with an accomplished, all-round supplier.
Drawing on both partners’ extensive experience of signalling systems across the globe, Signalling Solutions’ collective in-house expertise offers a complete range of capabilities including planning, design, product supply, installation, testing and commissioning for all types of railways. The company is now responsible for several multi-million pound contracts for Network Rail, including the re-signalling projects Colchester to Clacton, Milton Keynes and Bletchley.
Philippe Mellier, President of Alstom Transport, said: "This joint venture symbolises a real alliance between Alstom Transport and Balfour Beatty to better serve our customers. We are fully committed to supporting Signalling Solutions in its work ahead."
Manfred Leger, Balfour Beatty Group Managing Director responsible for Rail Engineering and Services, said: "The combined strengths of Alstom and Balfour Beatty make this company a one-stop shop with a highly experienced workforce able to understand and deliver the complex systems of today’s signalling technology. We are focused on delivering first class signalling projects for Network Rail and other customers in the UK."
Led by Managing Director David Felton, approximately 340 people from Alstom and Balfour Beatty will work for the new company, which has headquarters in Borehamwood and offices in Derby, Birmingham, York, Croydon and Reading.
ENDS
Registered Office: Newbold Road, Rugby, Warwickshire CV21 2NH Registered in England & Wales (Company Number 5894128)
ENQUIRIES TO:
Tim Sharp
Balfour Beatty plc
020 7216 6884
www.balfourbeatty.com
Helen Connolly
Alstom Transport
01788 545602
www.transport.alstom.com
NOTES TO EDITORS
- Balfour Beatty is a world-class engineering, construction, services and investment business, well positioned in infrastructure markets which offer significant long-term growth. We work in partnership with sophisticated customers who value the highest levels of quality, safety and technical expertise. Our skills are applied in appropriate combinations to meet individual customer needs. Its financial position, with significant net cash and with strong operating cash flows, offers continuing flexibility to add additional capacity and expertise to the business mix and to make appropriate investments in PPP and other long-term growth opportunities.
- A promoter of sustainable mobility, Alstom Transport develops and markets the most complete range of systems, equipment and services in the railway sector. Alstom Transport manages entire transport systems, taking in rolling stock, signalling and infrastructure, and offers "turnkey" solutions. In the 2006/07 financial year, Alstom Transport's sales lifted the company to the number one position in the world transport market.
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