Transport and Logistics
In January 2021, STAR completed the acquisition of Rail Operations (UK) Limited (“ROUK”).
ROUK is a leading provider of rolling stock movement and storage services to the UK rail industry through its subsidiaries Rail Operations Group Limited (“ROG”) and Rail Operations (Rolling Stock Management) Limited (“Traxion”). ROG and Traxionprovide a range of whole-life rolling stock services including rolling stock movements for testing and commissioning programmes, maintenance and retirements, breakdown rescue, storage of mid and end of life rolling stock and other specialist services to support train operations. In addition, ROUK has established a new subsidiary, Orion, to provide high speed logistics and express freight services, focused on accelerating modal shift from air/road to rail by offering a fast, cost effective and environmentally-friendly solution.
In this transaction, STAR will provide significant growth capital to support the management team in its strategy to accelerate growth in all ofits subsidiaries and to support ROUK to become a leading strategic partner to rail operators and rolling stock owners across the UK.
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