Railcare has two facilities at Wolverton, near Milton Keynes, and Springburn in Glasgow which employ a total of 202 skilled staff. Knorr-Bremse has formed a new company, Knorr-Bremse RailService (UK), which will take over Railcare's operations at the two sites, continuing to focus on train maintenance, repair, and refurbishment.

"We see Knorr-Bremse RailServices' operations developing and expanding in the future in what we view as a dynamic area of rail operations with much potential, says Mr Paul Goodhand, managing director of Knorr-Bremse UK. "Railcare has many skilled and experienced individuals working at both its sites, in vehicle overhaul and repair but also in specialist incident repair and logistics. We believe that with the support of Knorr-Bremse, both in terms of solid financial investment and in process and management experience and support, we will, together with the existing team, be able to create a strong, new company."