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£77m turnover firm Vital Services enters administration

The firm which turned over £77m a year had more than 2,000 workers and engineers, working primarily for Network Rail, rail renewal contractors and London Underground.

Deloitte quickly sold the trade and assets of Vital late yesterday to rival workforce supplier Morson Group avoiding widespread disruption across the rail industry.

The deal means all of the 208 staff will switch over to Morson group and all of Vital Services labour contracts will also be passed onto to Morson Group.

Deloitte’s appointment overseas seven group companies: Vital Services Group , Vital Rail, Ematics, Vital Resources, Quality Recruitment, Vital Consulting UK and Vital Power (UK).

The other three companies in the group: Vital Skills Training, Sicura Systems and Vital Technology are unaffected by the administration.

 

Morson Group who’s annual turnover is £600 has 40 offices worldwide and works in several industries such as engineering markets including rail, aerospace, energy, infrastructure and oil & gas.

Ged Mason, CEO of Morson Group, said:

“Vital have an extremely strong brand within the rail, power and infrastructure markets, particularly in skilled blue collar disciplines, and as such Morson and Vital are extremely well placed for future growth. We are delighted that Vital Human Resources Limited will join the Morson Group and that we have safeguarded thousands of jobs”.

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