Skip to main content

Imtech Traffic and Infra secures new buyer

Imtech Traffic & Infra has confirmed that it has secured a buyer and a future for the Division. The new owner, Egeria, is a Dutch private equity firm which has USA$1.8 billion under management. Egeria aims to create long term value by growing and developing the companies in close cooperation with management. Armand Knoop, Division director says: “Our fighting spirit and belief in our Division is strong. We are grateful to our employees, our clients and our suppliers for the loyalty and support we ha
August 18, 2015 Read time: 1 min
6999 Imtech Traffic & Infra has confirmed that it has secured a buyer and a future for the Division.

The new owner, Egeria, is a Dutch private equity firm which has USA$1.8 billion under management. Egeria aims to create long term value by growing and developing the companies in close cooperation with management.

Armand Knoop, Division director says: “Our fighting spirit and belief in our Division is strong. We are grateful to our employees, our clients and our suppliers for the loyalty and support we have received during this turbulent time”.  

For more information on companies in this article

Related Content

  • Pennsylvania and Georgia contract wins for Rekor Systems
    January 29, 2024
    Firm studies vehicle patterns in Philadelphia's Navy Yard and in Metro Atlanta
  • ITS sector jumps to $120bn by 2025: report
    March 7, 2022
    New research from Argonaut International Consulting predicts four-year CAGR of 24.5%
  • US transportation 'needs political leadership'
    November 9, 2012
    Long-time industry leader John Worthington reflects on where transportation in the US is heading – and where it should be going. Interview with Jason Barnes. The US’s new transportation bill reflects much of what is wrong in the sector in general and in ITS in particular, according to John Worthington. While a decision is welcome, he says, it does little more than provide certainty of funding for anything other than day-to-day operations. Worthington, former Chairman and CEO of TransCore, is back in the ITS
  • Uber may never be profitable … admits Uber
    April 12, 2019
    Private ride-hailing giant Uber, which is aiming to follow rival Lyft in becoming a public company this year, has warned that it may never be profitable. The candid admission comes in a filing to the US Securities and Exchange Commission (SEC) as Uber prepares for an initial public offering (IPO) which it reportedly hopes will value the company at $100 billion. This potential IPO figure is some way below the $120bn predicted by analysts just last year. And Uber warns: “We have incurred significant loss