Swarco acquires German glass bead manufacturer

Swarco has acquired German-based manufacturer Vialux Glasperlen and will use its glass beads to make road markings more visible at night, particularly on wet roads. Swarco has now obtained 100% shares in Vialux in a deal which it says will strengthen its glass bead portfolio. Philipp Swarovski, Swarco’s chief operating officer, says the agreement will allow Swarco to offer its customers even greater road safety. Daniel Sieberer, board member of Swarco and chief financial officer of the group, sa
September 28, 2018 Read time: 1 min
129 Swarco has acquired German-based manufacturer Vialux Glasperlen and will use its glass beads to make road markings more visible at night, particularly on wet roads.


Swarco has now obtained 100% shares in Vialux in a deal which it says will strengthen its glass bead portfolio. Philipp Swarovski, Swarco’s chief operating officer, says the agreement will allow Swarco to offer its customers even greater road safety.

Daniel Sieberer, board member of Swarco and chief financial officer of the group, says: “The customers of both Swarco and Vialux will benefit from the transaction. The merger offers the world market great technical and economic potential in terms of road safety.”

Thomas Pilkenroth, managing director of Vialux, says: "We are convinced that, as part of Swarco's high-tech family, we will accelerate our growth and technological development.”

UTC

Related Content

  • November 23, 2018
    Vision technology: the future in focus
    Just a few years ago, terms such as ‘embedded’ and ‘polarisation’ were buzzwords. But now they are real and present examples of vision technology in action – and, Adam Hill finds, the ITS industry is waking up to a number of possible applications Every aspect of the intelligent transportation systems industry moves quickly – but developments in camera technology change with a rapidity which can appear quite bewildering. And with ITS providers constantly searching for an edge against fierce competitio
    Read More
  • January 31, 2013
    Jenoptik expands Asia-Pacific business
    German optoelectronics group Jenoptik is expanding its business in the Asia-Pacific region with the acquisition of 100 per cent of Australian company DCD Systems, a provider of traffic safety technology based in Sydney and Melbourne. DCD was previously the sales and service partner for the Jenoptik Traffic Solutions division in Australia; Jenoptik has maintained a close working relationship with the company for more than 10 years. Within the framework of the acquisition DCD Systems will be integrated into t
    Read More
  • April 19, 2012
    Trimble to acquire PeopleNet
    Trimble has signed an agreement to acquire privately-held PeopleNet, a leading provider of integrated onboard computing and mobile communications systems for fleet management. The transaction is expected to close in the third quarter of 2011.
    Read More
  • September 6, 2017
    Rating agency Standard and Poor Tolling sees a bright future for tolling
    Few disruptions appear on the horizon for global toll road operators, with the US poised to become a better bet for major investment, according to ratings agency Standard and Poor’s (S&P’s) Global Ratings’ 2017 report, which rates toll road operators according to their ability to raise capital. The outlook is generally stable for business conditions and credit quality for toll roads worldwide. One positive exception is the US where the overall outlook is ‘positive’ as S&P expects traffic growth to increase
    Read More

Highlighted Content