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

  • MaaS Market conference platform for pioneering projects
    August 21, 2017
    In opening the session on putting MaaS ideas into practice, Hans Arby, chief executive of UbiGo, told the conference that, “MaaS can mean different things to different people. This is why we decided to run MaaS under real conditions and launch the Gothenburg pilot scheme in 2013.” The trial involved 70 households paying €130/month for 6 months with participants agreeing that 20 cars could be put into storage. More than 12,000 bookings/transactions took place during the trial and there were no drop-outs. Ac
    Read More
  • A revisited framework for ITS in Europe
    November 9, 2023
    Following the newly-adopted European Directive on ITS, Joost Vantomme of Ertico – ITS Europe, shares his insights on the legislation and its opportunities for the entire industry
    Read More
  • Rio’s TMC rises to Olympic challenge
    October 27, 2016
    Timothy Compston lifts the lid on Rio de Janeiro’s preparations for keeping its transport systems moving during the Olympics – and the outcome. Hosting the Olympics poses major traffic management challenges for any city and Rio was no exception – especially as it is already one of the world’s most congested cities. Beyond its normal 6.5 million inhabitants wanting to carry on their daily lives, in August Rio was also home to 11,300 athletes from 206 countries. Athletes who, without fail, had to reach their
    Read More
  • The world was your Oyster
    November 5, 2021
    Embracing digital payments and transparent journey planning is key to changing traveller behaviour and accelerating integrated public transport, says Martin Howell of Worldline
    Read More

Highlighted Content