CAF Group has acquired British design engineering company BWB Consulting for an undisclosed amount.

Further financial details have not been disclosed, however, the phased transaction will take place over the next three years.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The move is expected to increase CAF Group's foothold in the UK and help the company diversify and expand abroad.

It will also allow CAF to diversify and extend the group's presence in English-speaking markets and expand its transport engineering services worldwide.

In addition, the deal will help BWB to implement its growth plans by leveraging the synergies created with CAF, including new markets, technological advances and future society trends such as smart cities.

See Also:

CAF Group Subsidiaries and Corporate Development director Josu Imaz said: "For us, BWB Consulting is an example of British engineering at its best.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
"We have ambitious plans to diversify our business, to broaden out turnkey engineering activities, and we foresee that BWB will play a particularly significant role in this strategy."

"We have ambitious plans to diversify our business, to broaden out turnkey engineering activities, and we foresee that BWB will play a particularly significant role in this strategy.

"We are already committed to substantial investment in the United Kingdom through CAF Rail UK. With BWB, we will provide the resources required to appropriately develop their own strategy and also to work in collaboration with CAF to explore new markets and opportunities."

BWB will function as a standalone business and carry out activities with CAF's Turnkey & Engineering subsidiary under the agreement.

BWB is a Nottingham-based company with an annual turnover of £22m, which comprises a workforce of more than 300.

The company also has operations in cities such as London, Birmingham, Manchester, Leeds, Cambridge and Northampton.