Skip to main content

Lacroix Group completes strategic expansion

French technology group Lacroix has recently made two strategic acquisitions, enabling it to expand its international presence, to develop in the smart cities sector and to capitalise on new growth areas. The acquisition of Spanish company DSTA enabled Lacroix to expand its offering in variable message signs, traffic signals and public transport information panels, making it more competitive while providing its customers with proven end-to-end technological solutions. By acquiring SOGEXI, the French s
July 1, 2015 Read time: 1 min
French technology group 7616 Lacroix has recently made two strategic acquisitions, enabling it to expand its international presence, to develop in the smart cities sector and to capitalise on new growth areas.

The acquisition of Spanish company DSTA enabled Lacroix to expand its offering in variable message signs, traffic signals and public transport information panels, making it more competitive while providing its customers with proven end-to-end technological solutions.

By acquiring SOGEXI, the French supplier of junction and protection devices for lighting sources and remote management solutions for energy savings and street lighting maintenance, Lacroix is expanding its traffic management and public transport priority system business. The acquisition enables the Group to strengthen its focus on supporting its customers through overall smart road system issues by offering value added business applications aimed at communities or major integrators.

For more information on companies in this article

Related Content

  • Investors point to bright future for micromobility
    January 23, 2020
    Some big names are looking to invest in transportation companies – and this new confidence in the future of MaaS and micromobility indicates a step change, says Ito World’s Johan Herrlin
  • Foundation funds research for informed campaigning
    April 29, 2015
    ITS International talks to Professor Stephen Glaister, director of the transport research and lobbying organisation, the RAC Foundation. It is through the eyes of an economist that Professor Stephen Glaister, emeritus professor of transport and infrastructure at Imperial College London and director of the RAC Foundation, views current and future transport problems. Having spent 30 years at the London School of Economics and another 10 at Imperial, the move to the RAC Foundation was a radical departure from
  • Growth of OEM telematics in new passenger cars
    March 3, 2016
    The latest research by ABI Research forecasts the global penetration of embedded and hybrid factory installed OEM telematics in new passenger cars to exceed 72 per cent by 2021. Growth will mainly be driven by key volume car OEMs in the US, European Union and China markets. Brands within these markets showing accelerated growth include GM, which expects to reach 12 million OnStar subscribers globally by the end of 2016, including its Opel brand in Europe and Cadillac in China; and Ford, which claims to have
  • Investing in ITS: Show us the money
    April 8, 2022
    The ITS industry is currently attracting a lot of interest from private equity and venture capital providers. Adam Hill asks some of the people who have their eyes on the market what makes it such a good bet