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Announced

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Angel Trains completed the acquisition of Readypower Group.

Synopsis

Angel Trains, a train asset management company, completed the acquisition of Readypower, a specialist rail operated asset and infrastructure services provider. Financial terms were not disclosed. “Angel Trains and Readypower are very complementary businesses with a singular focus on supporting the UK rail network. We are both committed to the success of the UK rail industry and by working together, we know we can make real progress in improving the system for passengers and freight across the country. We bring a wealth of understanding and experience of managing rail assets and believe we can help Readypower to realise its full potential in the years ahead," Malcolm Brown, Angel Trains CEO.

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