Skip to main content

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.

For more information on companies in this article

Related Content

  • Significant drop in Europe’s traffic congestion mirrors economic downturn
    June 25, 2012
    Inrix, a leading international provider of traffic information and intelligent driver services, has released its latest traffic scorecard which shows that, among the 13 European nations analysed, the countries impacted the most by the European debt crisis mirror those with the largest drops in traffic congestion. Portugal (-49%), Ireland (-25%), Spain (-15%) and Italy (-12%) were among those with the largest declines last year. Despite being considered the strongest European economies, troubles across the E
  • Commercial telematics shipments to exceed 6.4 million by 2016
    May 18, 2012
    A new report from ABI Research predicts that global shipments of commercial telematics equipment will increase from 1.94 million in 2011 to 6.43 million in 2016. While North America is still the leading market, Asia-Pacific is set for strong growth driven by economic expansion, a booming automotive industry, and urgent requirements to use increasingly scarce resources more efficiently.
  • Qualcomm and Renault sign MoU on wireless EV charging technology
    July 25, 2012
    Qualcomm and Renault have announced a memorandum of understanding (MoU) for their intended cooperation on the London trial of Qualcomm Halo Wireless Electric Vehicle Charging (WEVC) technology, and their intent with respect to conducting preliminary studies of the integration of this technology into Renault vehicles.
  • Oslo replaces all Autopass roadside tolling systems
    February 16, 2015
    In a contract valued at US$6.6 million, Q-Free is to replace all Autopass roadside tolling equipment in Oslo, Norway. The contract, awarded by the Norwegian Roads Administration includes the dismantling and replacement of existing roadside equipment and service and maintenance following completion of the installation. In addition the contract includes options for increased delivery of equipment and extension of the service and maintenance period. Installation begins immediately and is expected to be comple