Van Elle Holdings
- Sector: ELITE
- Region: East Midlands
On the right track
As the UK’s largest ground engineering contractor, Van Elle Holdings has worked on infrastructure projects involving railways for many years – and from that work the group spotted a great opportunity for growth in the on-track rail sector. It’s an opportunity that the company seized in 2013. “Van Elle now runs 14 customised road-rail vehicles to allow for piling in a broad variety of ground conditions,” says CEO Jon Fenton.
“Van Elle reacted quickly and decisively to the financial crisis”
This sound business instinct has helped Van Elle Holdings come a long way since it was founded in 1984. Today the company offers its customers a wide range of geotechnical services, including site investigation, piling and ground stabilisation. It also manufactures and installs precast concrete products for use in foundations.
The company continues to expand its road-rail capabilities, too. In 2015 it obtained a provisional principal contractor licence, enabling it to contract directly with Network Rail on projects in the UK, while last year it was confirmed as a provider under Network Rail’s track bed stabilisation programme. There have been tough times, but, recalls Jon: “Van Elle reacted quickly and decisively to the financial crisis, resulting in only one year in which turnover decreased. It otherwise remained profitable throughout the period.
- £84m - The turnover of Van Elle in 2016, up from £30m five years ago
We came out in better shape than many of our peers, with enhanced growth in turnover and profit in the past three years.”
Looking ahead, the company continues to seek opportunities in diversification, expansion and acquisition. Jon says the firm’s strategy for thenext five years includes: “Expansion into complementary markets and adjacent geographies through the provision of additional products and services, as well as exploring opportunities to expand our presence in other markets.”