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Railhub Archive 1995-11-13 DoT-002 Department of Transport0
BR’s Quality & Safety Services business sold to MBO team
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British Rail Q&SS QSS
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BR’s Quality & Safety Services business sold to MBO team _______________________________________________________________
type Press release
note 351
British Rail's Quality & Safety Services business has been sold to a Management Buy Out team, John Watts, Minister for Railways and Roads, revealed today. Already in competition with private sector consultancies, Q&SS supplies the rail industry with consultancy advice on quality management systems, especially certification, and safety and environmental advice such as risk assessment, audit and training packages. Welcoming the sale as yet more evidence of the momentum of rail privatisation, Mr Watts said: "Q&SS is a market leader in providing consultancy advice and training on quality, safety and contract engineering to the rail industry. Without the constraints of public ownership, Q&SS will be free to expand its business in direct competition with private sector companies. "Each passing week sees privatisation gathering momentum. We have already made substantial progress and I am confident that the coming months will see a flood of announcements and successful sales. Rail privatisation is real, and it's happening now." A number of organisations expressed interest in the business, which led to a range of competitive bids. Q&SS employs about 55 staff, predominantly based in Derby. NOTES TO EDITORS 1. Q&SS is among the first of the BR's Central Services businesses to be sold. A number of other Central Service businesses have also been sold in recent months, including Baileyfield Switches and Crossings Works, Ditton Timber Treatment Works, and OBS (catering) Services. BR plan to dispose of about 20 other support businesses by the end of the financial year.
Railhub Archive ::: 1995-11-13 DoT-002
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