The Transport Research Laboratory (TRL) has acquired Transport & Travel Research Limited (TTR) which, while now a wholly owned subsidiary of TRL, will continue to operate as an independent organisation.
Formed in 1991, TTR is a consultancy specialising in the field of transport policy research. Most of its work concern the links between transport and sustainable development, or between transport and social inclusion.
TRL has been a minority shareholder in TTR since 2010 and the acquisition has been welcomed by both organisations and is intended “to further enhance their strategic market opportunities”. Rob Wallis, TRL’s chief executive, has been made chairman of TTR.
The two organisations share strong track records working in UK Government, European and other international markets in fields such as sustainable transport, low carbon vehicles, air quality and low emission strategies and freight policy and efficiency. Joint teams have worked in a number of high profile projects in the UK, including Transport for London’s major programme of Safer Cycling Innovation trials in 2013.
Rob Wallis said: “TRL is increasingly asked by clients for its thought-leading research and innovative, evidence-based solutions across many sectors of transport, automotive and motor sport. This acquisition strengthens TRL’s market proposition in some core areas of its growth strategy, including certification and assurance services.”
For more information contact Sarah Bailey at TRL on 01344 770514/0141.