Swarco expands Danish presence

Swarco has expanded its presence in Denmark with the acquisition of Danish company technical Traffic Solutions (TTS), one of the country’s leading traffic control and intelligent transport systems companies.
April 28, 2014 Read time: 2 mins
129 Swarco has expanded its presence in Denmark with the acquisition of Danish company 7729 Technical Traffic Solutions (TTS), one of the country’s leading traffic control and intelligent transport systems companies.

Hans Petter Ødegaard, Oslo-headquartered Swarco Nordic managing director, regards the acquisition as an important step to consolidating and expanding Swarco’s leading position in Denmark and beyond, ”With the acquisition of TTS, we have reinforced our presence and prepared for further long-term growth in the Danish market. We have achieved a constant annual growth in the Nordic ITS market over the past 10 years and are convinced that the acquisition of TTS will further contribute to this development”.

Energy company 7730 NRGi, owner of TTS since 2008, is happy with the choice of Swarco as the new owner. ”We have looked for a strong partner capable of further developing the activities of TTS, and for us Swarco is the best choice. We are also looking forward to extending the cooperation with Swarco in other areas, especially in combined projects and activities together with our daughter company 7731 EL:CON”, says NRGi managing director Søren Sørensen.

The activities of TTS will be integrated with Swarco’s operations in Denmark. Swarco Danmark Managing Director Søren Kolding looks forward to the new power arising from the complementary competence and customer base. He says, ”The acquisition will make us able to utilise the strengths of both companies and shape the new market leader in Denmark with a full range of advanced ITS solutions and services, based on innovation and dedicated customer focus.”
Urban Traffic Control

For more information on companies in this article

Related Content

  • USDoT pilots show win-win potential for connected vehicles
    December 19, 2017
    Pete Goldin discovers the state of play with connected vehicles trials in the US and the impact of Hurricane Irma on Tampa’s pilot. The US Department of Transportation’s (USDoT’s) connected vehicle (CV) pilot sites have moved into phase 2 of the deployment programme– design, build, test and, maybe most importantly, collaborate.
    Read More
  • Valuing ITS
    February 6, 2012
    Politicians, policy- and decision-makers need no-nonsense, non-technical answers on which to base investments in ITS. The International Benefits, Evaluation and Costs (IBEC) Working Group can provide them, says its Chair, Richard Harris
    Read More
  • Valuing ITS
    February 2, 2012
    Politicians, policy- and decision-makers need no-nonsense, non-technical answers on which to base investments in ITS. The International Benefits, Evaluation and Costs (IBEC) Working Group can provide them, says its Chair, Richard Harris
    Read More
  • ADN’s Bled SaaS option eases driver stress
    July 23, 2019
    ADN Mobile Solutions has developed a technology-plus-training tool for bus operators which it says will reduce driver stress, cut emissions and improve the bottom line Public transit is at the heart of future urban mobility. The focus here is, quite rightly, on improving the experience for riders – but there is someone else in the chain who might be overlooked, despite being vital to the success of any operation: the driver. Bus drivers, for example, have a difficult job, combating congestion and the
    Read More

Highlighted Content