HEAVY: Deal worth a whopping £50million
Babcock have bagged a whopping £50million, five-year contract with Aggregate Industries to provide fleet management for their heavy mobile equipment (HME) vehicles.
The leading engineering services company will immediately help Aggregate Industries, part of the Holcim Group, manage more than 400 HME vehicles on 150 UK sites.
Babcock will optimise performance and reduce ownership and management costs of the fleet, enabling Aggregate Industries to focus on supplying heavy building materials to the construction industry.
Paul Rogers, Chief Executive of Babcock, said: “I am delighted we have been awarded this contract by Aggregate Industries.
“We look forward to working in partnership with Aggregate Industries to transform its fleet performance, sharing best practice and delivering long-term benefits.
“This contract is particularly significant as it demonstrates that our unique whole life fleet management approach is being recognised by forward thinking organisations seeking competitive advantage.”
Babcock currently manages more than 11,000 vehicles and 175,000 pieces of equipment for customers globally, including a ten-year contract to control Lafarge’s HME fleets within the UK, US and Canada.
John Bowater, Deputy Chief Executive of Aggregate Industries, said: “Working with Babcock to provide our heavy mobile equipment maintenance highlights our commitment to expertise and efficiency.
“We are able to improve our performance continually through reliable machinery which, in turn, ensures an efficient and continued service for our customers.
“It means we can concentrate on what we do best – producing and supplying first-rate construction and infrastructure materials – leaving Babcock to support us with their maintenance expertise.”
Babcock are the UK’s leading engineering support services company with revenue of over £3.2 billion in 2013 and an order book of £12 billion.
Image courtesy of The U.S. Army, with thanks.