Stobart Rail Limited

Stobart Rail Limited
Private limited company
Industry Railway maintenance and infrastructure engineering
Founded 1993
Founder Andrew Tinkler
Headquarters Carlisle, Cumbria, England
Area served
 United Kingdom
Key people
 Andrew Tinkler
(Chief Executive Officer)
Parent Stobart Group
Website www.stobartrail.com

Stobart Rail Limited (formerly W.A. Developments Ltd. and trading as Stobart Rail) is a railway maintenance and infrastructure engineering company in the United Kingdom. Stobart Rail comes under the Rail division of the Stobart Group.

History

The original company

Stobart Rail was founded on 25 May 1993 by William Andrew Tinkler as W.A. Developments Civil Engineering in Carlisle, with an initial capital investment of £500. The company was involved in civil engineering and railway infrastructure project contracts. The company gained a contract with Railtrack (now Network Rail). The business was incorporated as W.A. Developments Ltd.[1]

Acquisition of Eddie Stobart

W.A. Developments Ltd.'s parent company, WA Developments (International) Ltd. (a company jointly owned by Andrew Tinkler and William Stobart), acquired Eddie Stobart Ltd., the UK's largest haulage contractor, in February 2004.

Following WA Developments' decision to merge Eddie Stobart Ltd. with the property and ports company the Westbury Property Fund on 15 August 2007 and to list it on the London Stock Exchange as the Stobart Group, W.A. Developments Ltd. initially remained within the ownership of WA Developments.

Sale to the Stobart Group

On 10 March 2008, Stobart Group announced that it would be buying the original W.A. Developments Ltd. civil engineering and railway infrastructure business from WA Developments for £10 million in cash. Upon completion, W.A. Developments Ltd. changed its name to Stobart Rail Limited and W.A. Developments Civil Engineering was re-branded Stobart Rail.

Operations

Stobart Rail holds a Network Rail Principal Contractor's Licence and Rail Plant Operating Company Licence. Stobart Developments undertakes development projects and is delivering improvement works at a number of Stobart Group facilities, including constructing the London Southend Airport railway station.

See also

References

  1. ↑ "PLC Board | Our Directors | About". Stobart Group. 23 May 2011. Retrieved 23 September 2011.
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