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

  • Concerto aims to reduce vehicle emissions
    May 17, 2012
    Led by the Centre for Transport Studies at Imperial College London and involving a range of industrial partners, Concerto – which stands for Co-operative Networked Concept for Emission Responsive Traffic Operations – is a three-year research programme that aims to use the sophisticated test environment of the innovITS Advance city circuit to develop next-generation technologies that reduce motor vehicle emissions.
  • Texas bus company opts for QR-coded transit tickets
    February 19, 2014
    Init has partnered with US mobile ticketing provider Bytemark in the implementation of a ticketing project for Capital Metro in Austin, Texas. Bytemark’s new mobile ticketing app, CapMetro, incorporates a QR code and has been implemented across all its services. The QR code is read by Init ProxMobil2 readers installed on the new MetroRapid bus rapid transit (BRT) buses. Verification of QR-based tickets is certifiable by fare inspectors using hand-held devices or visually verified by vehicle operators.
  • Travel information is heading towards smartphones
    January 30, 2012
    Travel information services are undergoing a step change as rapid increase in sales of smartphones brings ITS technology to consumers' fingertips. A virtuous circle of expanding capability is under way in traffic and travel information services, promising much for drivers and reduction of road congestion. A recent rapid rise in sales of smartphones has boosted numbers of vehicles carrying GPS enabled devices and so brought expansion of traffic data available for analysis and dissemination. Greater numbers o
  • Telvent, Siemens, IBM, and Cisco will prosper in traffic management systems market
    July 20, 2012
    According to a new report from ABI Research, as the global population hurtles past the seven billion barrier, more and more people are living in cities than ever before. This is especially true of developing countries which account for 20 of the world’s 27 megacities. With above average levels of population and economic growth in these regions, traffic congestion has quickly ensued, which is detrimental to GDP, the environment, as well as health and safety. The new ABI Research report predicts that companie