Readypower provides specialised on-track plant equipment as well as civil engineering, drainage, haulage and operating services to the UK rail sector. It plays a critical role in helping to modernise the UK’s rail network as electrification and upgrades continue throughout the country.
The deal cements Angel Trains’ commitment to investing in rail assets in the UK. Readypower will continue to run as an independent business, with its brand and management team remaining in place.
Readypower operates from six major hubs around the UK and is already supporting vital rail infrastructure improvement projects to help level up the country. These include the TransPennine route upgrades, Midland Mainline electrification and the Core Valley Lines transformation project in Wales.
Since a PE backed management buy out in 2017, Readypower Group have invested around £30m in the RRV fleet and made three acquisitions. The focus of the business is to provide an outstanding standard of customer service and reliability and conduct all of our operations in a safe and sustainable way.