TagMaster acquires CA Traffic

TagMaster, Swedish supplier of advanced RFID products and ANPR cameras for vehicle identification within traffic and rail solutions, has acquired CA Traffic from Hill & Smith Holdings for a total cash consideration of US$4 million (£3 million). Established in 1994, CA Traffic offers an array of sensor products, ITS software systems and high specification ANPR cameras in the UK. It has provided traffic monitoring devices to UK local authorities for 25 years and supplied intelligent ANPR camera systems to UK
April 28, 2017 Read time: 2 mins
177 TagMaster, Swedish supplier of advanced RFID products and ANPR cameras for vehicle identification within traffic and rail solutions, has acquired 521 CA Traffic from 60 Hill & Smith Holdings for a total cash consideration of US$4 million (£3 million).

 
Established in 1994,  CA Traffic offers an array of sensor products, ITS software systems and high specification ANPR cameras in the UK. It has provided traffic monitoring devices to UK local authorities for 25 years and supplied intelligent ANPR camera systems to UK police since 2010.

Following the acquisition, TagMaster aims to continue to establish itself as an important player in smart city solutions, according to TagMaster CEO, Jonas Svensson. He says there are clear and immediate synergies between CA Traffic and 539 CitySync on the ANPR/ALPR offering.  “With the combined expertise at CA Traffic and CitySync we believe we have an excellent opportunity to become one of the main players in the fast growing international ANPR/ALPR market. We will also take full advantage of CA Traffic’s technical expertise in traffic monitoring products starting with our Nordic and French home markets. Through the acquisition we will also in the mid-term be able to increase our presence in a growing US infrastructure market,” he concluded.
    
Commenting on the acquisition, Bernard Greene, CA Traffic managing director, said “We have been working with CitySync for some years and are now very pleased to be joining the TagMaster group. We recognise and welcome the strength that the union will bring to both brands and the synergies that are immediately apparent with the other TagMaster companies.”

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