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Railway Industry Association announces takeover




The
Railway
Industry
Association



has
signed
an
agreement
with
Rail
Business
Daily
to
acquire
most
of
its
assets.



A
transition
period
is
expected
to
take
three
months,
as
RIA
becomes
the
publisher
of
the
Rail
Business
Daily
titles
and
the
employer
of
some
RBD
staff.



Rail
Business
Daily
will
continue
to
offer
marketing
and
recruitment
services,
although
these
will
be
rebranded.



RIA
chief
executive
Darren
Caplan
said:
‘We
at
the
Railway
Industry
Association
are
excited
to
be
acquiring
the
widely-read
RBD
Daily
newsletter
and
Rail
Director
magazine,
and
the
RBD
Community.
The
acquisitions
will
enable
RIA
to
grow
its
reach
and
augment
our
ability
to
do
even
more
to
help
develop
a
bigger
and
better
UK
rail
supply
sector
in
the
coming
years.



‘As
part
of
the
acquisition
we
are
delighted
to
welcome
into
the
RIA
family
Dean
Bruce
as
md
of
the
newly-acquired
assets,
along
with
other
talented
members
of
the
RBD
media
and
Community
teams.
All
of
us
in
Team
RIA
look
forward
to
working
with
and
integrating
with
them
in
the
months
ahead.’



RBD
chairman
David
McLoughlin
added:
‘We
would
like
to
thank
Darren
Caplan
and
chairman
David
Tonkin
for
their
pragmatism
and
professionalism
in
working
with
us
on
this
deal
and
we
wish
RIA
and
RBD
every
success
together
in
the
future.’

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