Metronet Rail Company Description
Metronet Rail is at its last stop. The consortium has been taken over by the government agency called Transport for London after failing to upgrade and maintain section of the London Underground rail system. The group, whose operating entities Metronet Rail BCV and Metronet Rail SSL have been shut down, will restucture under public-private partnership (PPP) administration. Prior to its collapse, the Metronet consortium had five shareholders: Atkins, Balfour Beatty, a unit of Bombardier, EDF Energy, and Thames Water.
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The Company Description provides a historical perspective of Metronet Rail's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Metronet Rail's evolution in the marketplace.
