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.

For more information on companies in this article

TRL

Related Content

  • Cost Benefit: There’s still life in the RSU
    May 24, 2021
    A mixture of mobile and static roadside units may be what’s required to fulfil the needs of connected vehicle communications
    Read More
  • Q-Free increases its stake in Intelight
    March 20, 2015
    Q-Free has increased its stake in US traffic controller supplier, Intelight, with a five year option program which will give shareholders the option to sell shares at closing in 2015 and in five subsequent years valid from 2016. The deal will give Q-Free the opportunity to add some 15 per cent of Intelight shares to its current 10.2 per cent shareholding each year. At end of the five year period, Q-Free has the option to acquire the rest of the shares. The first transaction will be closed during the second
    Read More
  • UK continues key role in shaping future EU automotive safety
    January 20, 2017
    According to the Transport Research Laboratory, TRL, the UK will continue to play a key role in shaping future European transport policy following its award of the latest European Commission (EC) Automotive Safety Framework. The agreement, which follows on from TRL’s involvement in a previous eight-year framework, will see experts from TRL help EC policymakers prevent future road collisions and casualties through improved automotive safety. Areas of focus include connected and autonomous vehicles, crash
    Read More
  • TRL makes strategic appointment to advance business activities
    April 3, 2018
    TRL has appointed Chrys Stevenson sales and marketing director as part of a strategy to lead business activities domestically and internationally. He was previously chief executive officer for QinetiQ’s US-based export business and has also worked extensively with government agencies in delivering various objectives across the defence and security sectors. Stevenson said: “I am extremely excited to be joining an organisation that plays such a pivotal role in surface transport innovation. We are at a
    Read More

Highlighted Content