History
VolkerRail began life as a British Steel subsidiary known as Grant Lyon Eagre Ltd. The company can trace their roots as a contractor in the industry right back to 1935. In 1996 Grant Lyon Eagre Ltd teamed up with Railbouw, based on their existing partnerships, specifically the track renewal works for the London Underground, and became GrantRail.
The company continued to expand and formed various subsidiaries; GrantPlant Ltd, GrantRail Signalling Ltd, GrantRail Power Ltd, ALH Rail Coatings Ltd, and GrantWeld Ltd established in 2002. In September 2006 GrantRail also acquired Matrix Power Ltd, which specialised in electrical and power sectors and could privde support for the Power side of the business.
In late 2008 VolkerWessels bought Corus' half to take full ownership of the company. Following this, the company became VolkerRail on Monday 2 March 2009. Similarly all the divisions were also renamed to reflect the new order.
In February 2010 Gren Edwards stepped down after 18 years at the helm.
Read more about this topic: Volker Rail
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