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![]() Railhub Archive | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Sema GroupSema Group buys BR Business Systems
The acquisition cost was £27 million which will be met from Sema Group’s existing resources. BRBS estimated 1995/96 turnover was £87 million. BRBS employs more than 1100 people and operates in 16 locations throughout Britain. BRBS supplies, supports and operates information systems for the majority of the railway industry in Great Britain, including Railtrack, the Train Operating Companies, Eurostar and the Association of Train Operating Companies. Key business areas of BRBS include ticketing, revenue settlement, train operations and train planning. It supports these businesses through a range of services including systems integration, business services, customer support and outsourcing. Pierre Bonelli, Sema Group’s Chief Executive Officer, said "Sema Group is already established as a key information technology partner to the rail industry in Britain with customers including a number of the railway operators, Railtrack and freight companies. We also have a number of European rail customers, including the French, Dutch and Spanish railways. This acquisition makes Sema Group a formidable force in the provision of specialised information technology development and management to the railway, transport, logistics and distribution industries." For futher information contact: Marie-Claude Bessis - Director of Communication - London: 0171 830 4242 Notes to editors: Sema Group’s 1995 turnover was £678 million. The group has consistently shown regular growth and strong financial performance. For the fourth consecutive year its earnings per share has grown by more than 20%. =
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