Monday, July 15, 2024

‘Carnell purchases expert in bridge maintenance’

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Renew Holdings has recently acquired Route One, a company specializing in bridge maintenance services such as expansion joints, bearings, waterproofing, and cathodic protection. Route One is actively involved in National Highways scheme delivery frameworks across England, showcasing its expertise in infrastructure maintenance.

According to Renew Holdings, the acquisition of Route One is considered as an excellent strategic fit. By adding new capabilities to Carnell’s business, Route One will enhance the group’s highways division, particularly in bridge and structures maintenance and repairs. With the UK government planning substantial investment in the next Road Investment Strategy (RIS3) from 2025 to 2030, there are promising growth opportunities. The structures renewal program has been highlighted as a critical focus area within this investment plan.

Established in 2005 under the name Route One Highways, the company was founded by Matthew Pert and Gary Credland. Their dedication to providing quality services in the field of bridge maintenance has led to this successful acquisition by Renew Holdings.

This strategic move positions both Route One and Renew Holdings for future growth and success in the infrastructure maintenance sector. For more construction industry news and updates, feel free to reach out to news@theconstructionindex.co.uk with any stories or leads you may have.

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