Asia Pacific Rail will continue to operate under its current name in the short term, with more than 50 of its track, signalling and rail infrastructure and project management specialists to join Coffey’s staff as part of the deal.

Both companies were founded and owned by John Wertheimer, who will remain the chief operating officer of Asia Pacific Rail.

“This acquisition will give Asia Pacific Rail an opportunity to grow in Australia and internationally and to realise its full potential,” Wertheimer said.

“For example, in 2006 the Victorian Government released its blueprint for transport for the next 10 years, which included significant expenditure commitments for the planning and development of railway infrastructure.

“Asia Pacific Rail is actively participating in this program and – combined with the additional experience and resources of Coffey – I am confident we can guide our staff to greater achievements in the growing rail sector.”

Coffey International managing director Roger Olds said the acquisitions would position the group for rapid growth in the booming infrastructure market, particularly in the rail sector.

“The combined expertise of Asia Pacific Rail and John Wertheimer Consultants in advisory and consultancy services to the rail sector, and management of new infrastructure, provides a solid foundation from which to launch a specialist Coffey rail business,” he said.