Relayfast buys WTRC

British Rail has sold its Western Track Renewals Company to Relayfast, the management and employee buy-out that purchased Scotland TRC in February this year.

Relayfast stepped in after SECO, the original French preferred bidder, failed to complete a deal. Other second round bidders were Amec, Tarmac and First Engineering.

WTRC specialises in track renewal work and the provision of specialist heavy plant. Based in Swindon, it covers 3,290 miles of track between London, south west England and South Wales.

The deal, which is for an undisclosed sum, makes Relayfast one of Britain's biggest track renewals concerns, with 800 employees.