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
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.”
