Kier Group to acquire rail division from Buckingham Group.

Kier Group, a provider of construction services, agreed to acquire rail division from Buckingham Group, a provider of a wide range of services in the building, civil engineering, land remediation, and rail. Financial terms were not disclosed. “We have previously stated that we would consider value accretive acquisitions in core markets where there is potential to accelerate the medium-term value creation plan. This acquisition is one such example – it is an excellent strategic fit and accelerates our rail strategy, providing work with new rail clients and increasing our capabilities. I am delighted to welcome our new employees, clients and suppliers to Kier,” Andrew Davies, Kier Group CEO.