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

  • The scourge of poor air quality and rising pollution levels and how they can be tackled
    December 20, 2021
    Arguably, air pollution is one of the greatest challenges facing our world today. It impacts people, economies and the environment. It is clear that policymakers must act swiftly to improve air quality. ITS has a huge role to play in providing solutions. Here, Swarco, as a solution provider, shares inside tips on how to use modern ITS to save lives, economies and the environment.
    Read More
  • 5G or not 5G?
    April 16, 2019
    Just a few years ago, there was only one solution in terms of communications protocols for delivering vehicle connectivity. Now, road operators and vehicle manufacturers face choices – including a moral choice, perhaps. Jason Barnes looks at the current state of play There is a debate raging in the ITS world over future communications protocols. Asfinag, Austria’s national strategic road operator, has announced it will from 2020 be using ITS-G5 to support cooperative ITS (C-ITS) applications (‘First thin
    Read More
  • US transportation 'needs political leadership'
    November 9, 2012
    Long-time industry leader John Worthington reflects on where transportation in the US is heading – and where it should be going. Interview with Jason Barnes. The US’s new transportation bill reflects much of what is wrong in the sector in general and in ITS in particular, according to John Worthington. While a decision is welcome, he says, it does little more than provide certainty of funding for anything other than day-to-day operations. Worthington, former Chairman and CEO of TransCore, is back in the ITS
    Read More
  • Improving driver information, making in-vehicle systems a reality
    January 26, 2012
    Scott J. McCormick, president of the Connected Vehicle Trade Association, considers what we have to do next to make the more widespread deployment of automotive telematics a reality
    Read More

Highlighted Content