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

Related Content

  • July 25, 2012
    Golden River Traffic wins 22-year traffic measuring contract
    Golden River Traffic, part of the Clearview Traffic Group, has won a 22-year contract to continue maintaining the traffic measuring equipment sites that monitor traffic flows across Sirhowy Enterprise Way in Caerphilly, Wales.
    Read More
  • April 23, 2012
    Philips boosts business
    Royal Philips Electronics is boosting its portfolio with a move to acquire Indal, a leading Spanish professional luminaires supplier. The two firms have made an agreement over the proposed acquisition deal. Indal’s product line centres on outdoor lighting solutions and this acquisition will boost both the product range and geographical spread for Philips within the European market.
    Read More
  • April 25, 2012
    European safety drive
    The European Commission is keen to boost road safety and analysis of road accident statistics. A key component of this move will be improving transparency over the safety of road infrastructure, in accordance with their obligations under European law. So far 11 European member states have been warned by the European Commission to be more open about the safety on infrastructure networks.
    Read More
  • July 23, 2012
    GreenRoad wins first contract in mainland Europe
    UK-headquartered GreenRoad which specialises in in driver performance and safety management, has won its first contract in mainland Europe. Securitas Mobile Belgium will be deploying the company’s system across 120 company cars to reduce accidents, cut insurance costs and lower fuel consumption.
    Read More

Highlighted Content