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

  • February 3, 2012
    Reducing detection costs benefits intersection management
    The continuing, favourable performance-versus-cost situation concerning detection and monitoring technologies is driving the proliferation of intelligence across road networks. The effective and safe management of intersections is a focus for network operators and systems manufacturers alike. The most complicated of road environments, and statistically among the least safe, intersections enjoy particular emphasis in longer-term work on cooperative infrastructure solutions. However there are current developm
    Read More
  • November 7, 2012
    Europe's electronic toll service closer to operational reality
    After much debate and delay, a unifying European Electronic Toll Service is now finally on the horizon, says ASFiNAG’s Klaus Schierhackl. Here, he talks with Jason Barnes about what that might mean. Aworkable European Electronic Toll Service (EETS) which will allow truck drivers to travel across the continent and pay tolls using a single account and OnBoard Unit (OBU) was originally timetabled to be in place and operating by October of this year. A lack of urgency from some of the stakeholders involved in t
    Read More
  • December 3, 2018
    Panasonic in Colorado: Rocky mountain way
    Panasonic is at the heart of a C-V2X project which began last year in Colorado. The company’s smart mobility boss Chris Armstrong tells Adam Hill how it is working out Colorado needs traffic and transport solutions – and fast. The US state’s population has grown 50% in the last 20 years and another 50% hike is predicted in the next 20. It also spends more than $13 billion in roadway crash costs each year. In 2015, 546 people died in traffic-related crashes, and more than 3,000 were seriously injured.
    Read More
  • July 15, 2015
    BorgWarner to acquire Remy International
    US automotive industry components and parts supplier BorgWarner is to acquire Remy International, a leading producer of rotating electrical components. With key technologies and operations in ten countries on five different continents, BorgWarner says Remy is strongly positioned to benefit from global growth. “We look forward to welcoming Remy’s talented employees to BorgWarner. Their products and capabilities will strengthen BorgWarner’s position in the rapidly developing powertrain electrification tre
    Read More

Highlighted Content