RCS - Vp PLC - Vp launches Vp Rail

VPAnnouncement

26/11/2024 07:15

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RNS Number : 5863N  Vp PLC  26 November 2024

 For release on 26.11.2024

Vp plc

('Vp', the 'Group' or the 'Company')

Vp launches Vp Rail

Vp plc, the specialist rental equipment company, has launched Vp Rail, an
integrated rail solution providing customers with a direct access to all the
Group's rail specialisms.

The launch creates a new end market focus for the Group, providing customers
with direct and easier access to Vp's scale and rail capabilities from across
its divisions. Vp Rail is headed  by Carl Abraitis, Director of Vp Rail.

Vp Rail aims to be easy to work and transact with, providing customers with a
single point of contact for project support, a central hire desk and
streamlined quotation and invoicing process regardless of the size of the
project.

The launch is the Group's latest development following the announcement of its
refreshed strategy in June 2024. A key focus of this strategy is to ensure
that the Group's specialist divisions work more closely together to drive
growth and to focus on end markets. This is supported by an enhanced digital
strategy which aims to simplify processes and improve the customer
experience.

Vp has a 30-year track record of working on the UK railways network including
14 years as a framework contractor to Network Rail. Torrent Trackside, its
principal rail plant, people and solutions business, already works for many of
the tier 1 and tier 2 contractors and a number of joint venture partners. Key
projects to date have included the West Coast Main Line route modernisation,
HS1 and HS2, Crossrail and the Transpennine Route upgrade.

Vp Rail's services include:

·    On track products - small plant, clipping and stress, compaction,
lighting solutions, people and support

·    Communications and survey - specialist services, training, safety,
survey, test & measurement, communications

·    Shoring and piling support - shoring, piling, pile croppers stoppers,
bridge, training

·    Material handling and lifting solutions - telehandlers, rotos, heavy
lift telehandlers, electric machines, teletruks

·    Tools and equipment - ground maintenance, lighting, heating, cooling,
breaking and fixing, on site power, site equipment, consumables

·    Rail, vehicle and pedestrian access - rail access, station works,
vehicle access, pedestrian access, self install access

Commenting on the announcement Carl Abraitis, Director, Vp Rail said: "Vp
Torrent Trackside has typically been the entry point for customers wanting to
buy our rail expertise. However, other parts of the Group, notably
Groundforce, Brandon Hire Station, TPA, ESS, and UK Forks, have specialist
capabilities often used by customers on these projects. By creating Vp Rail we
are able to offer an integrated package of services from across the Group's
divisions. This approach has already been well received by a small  group of
customers. We look forward to rolling out our enhanced offer."

Commenting on the launch, Jonathan May, Chief Operating Officer added: "As a
Group we have a long history of working in rail but historically customers
have traded with our individual business units. This step will make it much
easier for customers to transact with us. We also believe the roll out of Vp
Rail better enables us to take advantage of new opportunities in the market."

- Ends -

 

For further information:

 Vp plc
 Anna Bielby, Chief Executive               Tel: +44 (0) 1423 533 400
 Keith Winstanley, Chief Financial Officer  www.vpplc.com (http://www.vpplc.com)
 Jonathan May, Chief Operating Officer

 

 Media enquiries:
 Sodali & Co
 Justin Griffiths/Nick Johnson/Amy Gibson  Tel:  +44 (0) 2039 840 163
                                           vp@client.sodali.com (http://www.buchanancomms.co.uk)

Notes to Editors

Vp plc is a specialist equipment rental business providing equipment, people,
services and support for specialist projects. It focuses on niche sectors
principally in the Infrastructure, Construction, Housebuilding and Energy
markets in the UK and overseas. Businesses include: Groundforce. TPA, Torrent
Trackside, ESS, Brandon Hire Station, MEP Hire, CPH, UK Forks, Airpac Rentals
and Tech Rentals.

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