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17/02/2022
AECOM Acquires Equity Interest In SLC Rail
AECOM has acquired a 30 percent equity interest in SLC Rail, a small and medium-sized enterprise (SME) operating in the rail sector.
AECOM and SLC Rail have a well-established and long-standing working relationship on multiple projects in the UK. The investment deepens the relationship, positioning both organisations to jointly pursue future rail programme, route upgrade and station delivery opportunities from the strongest possible position.
The companies will use their complementary service offerings to accelerate the innovative, faster and lower cost delivery of rail enhancements resulting from SLC's approach to the market, combining SLC's strengths in programme initiation and development with AECOM’s global engineering, programme management and station design expertise.
Rail will play an integral role in both the decarbonisation of the UK's transport network and the UK Government’s levelling up agenda to build a more balanced economy, improving access to jobs, stimulating economic growth and unlocking housing. This is fuelled, in parallel, by a rise in new approaches to infrastructure delivery for regionally important transport projects, including new stations, new rail services and restored railway lines. There is growing market demand for SLC’s expertise in working with local authorities and regional government organisations to help create and implement rail strategies and explore alternative development and delivery methods.
"SLC Rail is an outstanding SME with whom we have a strong existing relationship, and our teams are collaborating today to successfully deliver a number of strategic regional rail programmes," said Mark Southwell, AECOM's managing director of its Civils Infrastructure, UK & Ireland business. "There is substantial potential to apply our joint approach to more programmes, helping to regenerate regions, towns and cities across the UK. AECOM’s investment in SLC strengthens our value proposition to clients, bringing a new approach that will enhance the delivery of vital rail schemes effectively and with pace."
AECOM and SLC Rail have a well-established and long-standing working relationship on multiple projects in the UK. The investment deepens the relationship, positioning both organisations to jointly pursue future rail programme, route upgrade and station delivery opportunities from the strongest possible position.
The companies will use their complementary service offerings to accelerate the innovative, faster and lower cost delivery of rail enhancements resulting from SLC's approach to the market, combining SLC's strengths in programme initiation and development with AECOM’s global engineering, programme management and station design expertise.
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Rail will play an integral role in both the decarbonisation of the UK's transport network and the UK Government’s levelling up agenda to build a more balanced economy, improving access to jobs, stimulating economic growth and unlocking housing. This is fuelled, in parallel, by a rise in new approaches to infrastructure delivery for regionally important transport projects, including new stations, new rail services and restored railway lines. There is growing market demand for SLC’s expertise in working with local authorities and regional government organisations to help create and implement rail strategies and explore alternative development and delivery methods.
"SLC Rail is an outstanding SME with whom we have a strong existing relationship, and our teams are collaborating today to successfully deliver a number of strategic regional rail programmes," said Mark Southwell, AECOM's managing director of its Civils Infrastructure, UK & Ireland business. "There is substantial potential to apply our joint approach to more programmes, helping to regenerate regions, towns and cities across the UK. AECOM’s investment in SLC strengthens our value proposition to clients, bringing a new approach that will enhance the delivery of vital rail schemes effectively and with pace."
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