CLASS 93s IN PROSPECT?
RAIL OPERATIONS (UK) Ltd, together with its subsidiaries Rail Operations Group, Orion and Traxion, has announced that it has attracted significant new investment from STAR Capital Partnership, a European fund manager.
STAR will acquire a majority stake in the Group, alongside existing management. ‘Additionally, STAR will provide significant growth capital to fuel the Group’s ambitious expansion plans’ the company said in a statement. ‘Growth capital will allow the Group to acquire newly built and existing traction and rolling stock fleets, expand Orion High Speed Logistics, make further company acquisitions and develop its range of rolling stock engineering services.’