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Mouchel Parkman has bought rail services company ServiGroup. The company was founded in 1995 and provides a range of engineering and installation services for clients in the UK rail market. Latest figures for the eight months ending 31 March 2004 show ServiGroup generating profits before tax of £0.20M on a turnover of £17.32 M. Servigroup will be renamed MouchelParkman ServiGroup.