Skip to main content

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

  • June 23, 2015
    Sensys Traffic to acquire Gatso
    Sensys Traffic is to acquire Dutch enforcement company Gatso in a deal worth around US$33.9 million. Sensys’ acquisition of Gatso and the merger of the operations the two companies will create the largest supplier of traffic enforcement equipment with a strong presence in Europe, the Middle East, Asia and Australia, as well as the North American managed services market. The combined company will operate under the name Sensys Gatso Group, with an installed base of 18,000 systems and 202 employees. The
  • March 7, 2022
    Swarco brings its ITS family together
    After a four-year break, Swarco Group is keen to welcome visitors to its two stands, which are both in Hall 2 for the first time.
  • June 5, 2012
    Verizon to acquire Hughes Telematics
    Verizon Communications and Hughes Telematics have announced a definitive merger agreement under which Verizon will acquire Hughes Telematics for a total of US$612 million. Verizon says the transaction will expand its capabilities in the automotive and fleet telematics marketplace and accelerate growth in key vertical segments. Hughes offers a portfolio of services through its commercial fleet, aftermarket and original equipment manufacturer (OEM) offerings as well products and services for health providers
  • May 19, 2014
    Tracis acquires Datasys
    A Manchester firm that specialises in software for the transport industry has been acquired by listed Leeds group Tracsis in a cash and shares deal worth US$7.5 million. Datasys, which employs 17 staff, provides rail management software systems, business applications and hosting services for the majority of the UK's train operating companies, such as First Group, Go-Ahead, Stagecoach, National Express, Arriva, and Virgin. Tracsis believes that the products, services and development capabilities of Da