AC Desarrollo buys 21.3% stake in Postigo

AC Desarrollo, the capital risk firm of Ahorro Corporacion, purchased a 21.3% stake in the Spanish firm Postigo, that specialises in road safety equipment, signalling and other traffic elements. The aim is to increase the stake to 31%, and the operation was performed through a capital increase. Postigo reported a turnover of EUR 72 million (US$103.22 million) in 2010.
April 20, 2012 Read time: 1 min
RSS5133 AC Desarrollo, the capital risk firm of 5134 Ahorro Corporación, purchased a 21.3% stake in the Spanish firm Postigo, that specialises in road safety equipment, signalling and other traffic elements. The aim is to increase the stake to 31%, and the operation was performed through a capital increase. Postigo reported a turnover of EUR 72 million (US$103.22 million) in 2010.
Urban Traffic Control

For more information on companies in this article

Related Content

  • Pöyry to provide technical assistance for Panama Metro
    April 16, 2012
    Pöyry's Urban & Mobility Business Group has been awarded a US$3 million contract to provide specialised technical assistance to the consortium in charge of project management for the design and construction of Line 1 of the Panama Metro. Pöyry's services are related to the implementation of the whole metro system. The project began in July 2011 and is expected to be completed by June 2014.
    Read More
  • QuicNet software identifies illegal use of red light preemptive technology
    April 26, 2012
    McCain has announced the successful use of its QuicNet advanced traffic management system (ATMS) central control technology by the city of Carlsbad, in California, to identify the illicit use of red light preemptive technology. Using QuicNet, the city was able to identify how, when and where the illegal use was taking place.
    Read More
  • New York’s Midtown in Motion traffic management system wins ITS America award
    June 6, 2012
    ITS America has recognised the New York City Department of Transportation (NYC DoT) for Midtown in Motion, the sophisticated traffic management system launched last July that uses ITS to ease traffic congestion, improve traffic flow, and reduce greenhouse emissions and air pollution on the city’s most congested streets. Coinciding with the award, NYC DoT announced that it is expanding the system, which currently covers 110-square blocks, to cover 270-square blocks in the city’s most heavily congested neighb
    Read More
  • Five million fleet management systems in Europe by 2015
    April 23, 2012
    According to a new research report from the analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was two million in Q4-2010. Growing at a compound annual growth rate (CAGR) of 20.7 per cent, this number is expected to reach five million by 2015.
    Read More

Highlighted Content