Fugro to acquire RailData

Fugro to acquire RailData

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The Netherlands: Fugro has reached an agreement to acquire RailData, including its international business. RailData specialises in the measurement of absolute and relative position of railway tracks and has developed a unique patent pending RILA-system that measures data in three dimensions.

The acquisition fits well with Fugro's strategy to build market share in corridor mapping. The company already offers LiDAR and other survey mapping techniques and expertise, providing unique solutions to the railway industry. RailData will form part of Fugro’s geospatial business, within its survey division.

RailData has developed a reputation for rail inspections in the Netherlands and is on the verge of expanding into international markets. Recently, the UK market had shown interest in using the system to survey its rail network. RailData reported revenue of EUR 1.2 million in 2013, and employs a team of 12 specialists.

Source: Fugro