SPRINGFIELD, Va. — ENSCO Inc. will expand its railway inspection business with acquisition of KLD Labs Inc., a provider of automated wayside inspection technology and laser profiling products.
ENSCO announced Tuesday it had entered into an equity purchase agreement to acquire KLD, which offers track inspection and assessment, fleet inspection and assessment, and asset management tools. ENSCO’s own inspection technologies are outlined here.
“We are delighted to welcome KLD Labs into the ENSCO family,” ENSCO President Jeff Stevens said in a press release. “The integration of KLD Labs and ENSCO uniquely positions us to inspect both rolling stock and track. Coupled with our vehicle/track interaction capabilities, the ENSCO and KLD Labs team will offer the first comprehensive condition assessment technology suite for railways, paving the way for unprecedented levels of safety and efficiency.”
KLD Vice President Dan Magnus said KLD “is renowned for its extensive history of providing reliable and innovative measurement technology and is pleased to join forces with ENSCO, ensuring the preservation of its legacy.”
The companies will showcase their combined products and services at the 2023 Wheel Rail Interaction Conference, June 6-9 in Minneapolis, Minn. Trains Magazine is the event’s Presenting Sponsor
