XYZ Rail Limited (formerly W.A. Developments Ltd. and Stobart Rail Limited and trading as XYZ Rail & Civils) is a
railway
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a pre ...
maintenance and infrastructure engineering company in the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
.
History
The original company
XYZ Rail & Civils was founded on 25 May 1993 by William Andrew Tinkler as W.A. Developments Civil Engineering in
Cumbria
Cumbria ( ) is a ceremonial and non-metropolitan county in North West England, bordering Scotland. The county and Cumbria County Council, its local government, came into existence in 1974 after the passage of the Local Government Act 1972. Cumb ...
, with an initial capital investment of £500. The company was involved in
civil engineering
Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads, bridges, canals, dams, airports, sewage ...
and railway infrastructure project contracts. The company gained a contract with
Railtrack
Railtrack was a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002. It was created as part of the privatisation of ...
(now
Network Rail
Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and infrastructure manager of most of the railway network in Great Britain. Network Rail is an "arm's leng ...
). The business was incorporated as W.A. Developments Ltd.
The company's original registered office was in
Gosforth, Cumbria
Gosforth is a village, civil parish and electoral ward in the Lake District, in the Borough of Copeland in Cumbria, England. Historically in Cumberland, it is situated on the A595 road between Whitehaven and Barrow-in-Furness. It had a pop ...
Acquisition of Eddie Stobart
W.A. Developments Ltd.'s parent company, WA Developments (International) Ltd (a company jointly owned by
Andrew Tinkler
William Andrew Tinkler (known as Andrew Tinkler) was the chief executive officer of Stobart Group Limited until 1 July 2017.
He lives in Cumbria
Cumbria ( ) is a ceremonial and non-metropolitan county in North West England, bordering Scot ...
and
William Stobart
William Stobart (born November 1961) is the Deputy Group CEO of Culina Group (owner of the Eddie Stobart Group).
Career
Stobart was born in Cumberland in England in November 1961, the fourth child of Eddie and Nora Stobart. He worked for the ...
), acquired
Eddie Stobart Limited, the UK's largest haulage contractor, in February 2004. Following WA Developments' decision to merge Eddie Stobart Limited with the property and ports company the Westbury Property Fund on 15 August 2007 and to list it on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
as the
Stobart Group
Esken Limited (), formerly Stobart Group Limited, is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland. The company is registered in Guernsey but has its operational head office in Londo ...
, W.A. Developments Ltd. initially remained within the ownership of WA Developments.
Sale to the Stobart Group
On 10 March 2008,
Stobart Group
Esken Limited (), formerly Stobart Group Limited, is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland. The company is registered in Guernsey but has its operational head office in Londo ...
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 and subsequently Stobart Rail & Civils.
Divestment to Bavaria Industries Group AG
On 14 July 2020, the Stobart Group Ltd announced the sale of Stobart Rail & Civils to Bavaria Industries Group AG for an initial cash consideration of £1,000. On 13 October 2020 Stobart Rail Limited changed its name to XYZ Rail Limited.
Operations
XYZ Rail & Civils holds a
Network Rail
Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and infrastructure manager of most of the railway network in Great Britain. Network Rail is an "arm's leng ...
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, which it owns and operates.
See also
*
Stobart Group
Esken Limited (), formerly Stobart Group Limited, is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland. The company is registered in Guernsey but has its operational head office in Londo ...
References
External links
XYZ Rail & Civils official website
{{DEFAULTSORT:XYZ Rail and Civils
Post-privatisation British railway companies
British companies established in 1993
Transport companies established in 1993