Balfour Beatty to sell Omnicom to Hitachi Rail

Balfour Beatty has struck a deal to sell its digital rail infrastructure monitoring business Omnicom to Hitachi Rail.
The acquisition will support Omnicom’s growth strategy to expand into the US and European markets.
Omnicom produces hardware and advanced software for surveying, inspecting, and monitoring rail infrastructure, including gauge clearance measurement, line visual inspection and scanning infrastructure.Its monitoring systems can be installed on trains to provide near real-time