New operator takes over at Wolverton Railway Works
Knoor-Bremse, who currently own and run Wolverton Railway Works, are selling the business in the UK to investment company Mutares. It isn’t clear yet what this will mean for the Wolverton site or the redevelopment of the railway works site by St Modwen plc.
Historic England’s legal challenge to the approval of St Modwen’s planning application (and demolition of the majority of the railway buildings on site) was quashed by the High Court on the 30th July. This gives St Modwen the green light to apply for detailed planning consent for their redevelopment plans.