TRL acquires TTR

The UK’s Transport Research Laboratory (TRL) has announced its acquisition of Transport & Travel Research Limited (TTR), making it a wholly owned subsidiary of TRL. TRL has been a minority shareholder in TTR since 2010, building a close and successful partnership between the two companies. TTR will continue to operate as an independent organisation. TTR’s chairman, David Blackledge has stepped down from the board to take on a role as Special Advisor, while TRL's chief executive, Rob Wallis, is appointed
April 15, 2014 Read time: 2 mins
The UK’s Transport Research Laboratory (491 TRL) has announced its acquisition of Transport & Travel Research Limited (TTR), making it a wholly owned subsidiary of TRL.  TRL has been a minority shareholder in TTR since 2010, building a close and successful partnership between the two companies.

TTR will continue to operate as an independent organisation. TTR’s chairman, David Blackledge has stepped down from the board to take on a role as Special Advisor, while TRL's chief executive, Rob Wallis, is appointed chairman of TTR, in addition to his other group company responsibilities with immediate effect. All other operational and management functions and activities of TTR remain unchanged. Blackledge will particularly focus on the continuing opportunities for TTR within EU markets.

This acquisition has been welcomed by both organisations and will further enhance their strategic market opportunities. During the past few years there has been increasing evidence of the value of the partnership to their respective clients, with the bringing together and strengthening of teams in a range of specialist transport areas. It has also facilitated the broadening of both TRL and TTR’s capabilities in both UK and wider international markets.

Related Content

  • October 2, 2014
    TRL pledges support for global initiative at UN Climate Summit
    The UK’s Transport Research Laboratory (TRL)’s chief executive Rob Wallis, attending the United Nations Climate Summit in New York last week, was delighted to be able to pledge TRL’s support to the UEMI initiative, by UN-Habitat. “The UEMI initiative, aimed at substantially increasing the adoption of electric vehicles within urban environments, aligns strongly with TRL’s own strategy and current activities,” Wallis explained. “TRL is actively engaged in leading innovative research programmes to understan
    Read More
  • April 30, 2014
    FTA, BMW support UK government funding for green cars
    The UK government has announced plans to invest US$840 million ultra-low emission vehicle industry. It is hoped that this will help drivers both afford and feel confident about using electric cars. Announcing the funding during a visit to the Transport Research Laboratory, Nick Clegg, Deputy Prime Minister said: “Owning an electric car is no longer a dream or an inconvenience. Manufacturers are turning to this new technology to help motorists make their everyday journeys green and clean.”
    Read More
  • July 17, 2014
    Q-Free acquires Open Roads Consulting
    Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will
    Read More
  • April 9, 2018
    TRL to deliver truck platooning update at Microlise Conference
    Transport Research Laboratory (TRL) will present findings from the UK’s platooning truck trials at the Microlise Transport Conference, on 16 May 2018.The presentation will include an assessment of the effects of fuel use, harmful tailpipe emissions, congestion and road safety. The trial, according to Rob Wallis, TRL’s chief executive officer, aims to provide an independent impact assessment and to quantify possible benefits and disbenefits of the technology. At the event, Wallis will provide an overview of
    Read More

Highlighted Content