Scottish deal for Story Contracting
STORY Contracting has acquired the rail plant division of Scotland-based Caledonian Industrial.
Caledonian’s rail plant division, based in Edinburgh, provides track maintenance services across Scotland to Babcock, which works with Network Rail, Transport Scotland and First ScotRail.
The addition of the Edinburgh base doubles the size of Carlisle-based Story’s plant fleet to more than 50 vehicles. The value of the deal was not disclosed.
As part of the acquisition, 17 staff from Caledonian’s rail division and it will trade under the Story brand.
Tony Cook, plant director at Story Contracting, said: “This is a transformational deal for Story and underlines the ambition and growth of our Plant and Rail divisions, which provide integrated services to our customers. With a base in Edinburgh, alongside Carlisle and Normanton, we now have the capability to provide efficient support to sites across the country.
“The deal also means that the size of our fleet doubles overnight, so the range of machinery and vehicles on offer to our customers is among the best in class. However, we are not complacent. We have committed to a programme of investment in the fleet and we recognise the need to expand and modernise the Edinburgh base.”
Story Contracting was founded more than 25 years ago and now provides building and civil engineering services, plant hire and rail infrastructure services.
