Engineering services group Renew has acquired bridge maintenance specialist Route One Holdings (Wakefield) Ltd for £5m.
West Yorkshire based Route One is a specialist operator in the UK highways sector providing solutions for bridge deck maintenance and protection.
Route One has a number of long- term frameworks on the National Highways Scheme Delivery Frameworks across England.
Renew said: “The acquisition represents an excellent strategic fit for the group.
“Route One will expand our offering by adding new capabilities to the group’s highways business, with particular expertise in bridge and structures maintenance and repairs.
“The UK Government’s planned investment in the next Road Investment Strategy (RIS3) from 2025 to 2030 will provide good growth opportunities, where the structures renewal programme has been identified as a key priority.”
