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.
Air Quality & Weather Systems Urban Traffic Control

For more information on companies in this article

Related Content

  • Communications hold key to expanding ITS wireless network expansion
    December 21, 2017
    Wireless transmission of data and control information is making smarter traffic management easier and cheaper to install. It has long been known that connectivity is the key to improving traffic management and many cost-benefit studies prove that investment in new technology can be justified in terms of reduced congestion, shorter travel times, improved safety and air quality. However, many authorities’ cap-ex budgets only cover urgent matters, not improvements, making it difficult, if not impossible to
    Read More
  • Satellite based goods vehicle tracking comes a step closer
    March 15, 2012
    A project aimed at proving the viability of satellite-based goods tracking in Europe has come to a close – establishing everything necessary for commercial services to flourish. A landmark stage was reached in tracking of goods across Europe in December last year, with conclusion of the Scutum project – ‘Securing the EU GNSS adoption in transport of dangerous materials’. This has validated the accuracy and reliability of the European Geostationary Navigation Overlay Service (EGNOS) for goods tracking and se
    Read More
  • Four UK cities awarded funding to drive green car revolution across
    January 28, 2016
    Four cities have been awarded significant funds to promote green vehicle technology after successfully bidding for a share of a multi-million pot created to support the take-up of plug-in electric cars across the UK. Transport Secretary Patrick McLoughlin announced the winners of the Go Ultra Low City Scheme, after the successful cities proposed a number of initiatives to support greener vehicles as part of a government competition.
    Read More
  • Kapsch adds ATMS expertise with Transdyn acquisition
    March 25, 2014
    Kapsch has added extensive advanced traffic management system (ATMS) expertise to its portfolio by acquiring US company Transdyn. The move matches with the aim of becoming a major global presence in the inter-urban traffic management sector, says Peter Ummenhofer, Kapsch’s head of ITS Business Unit: “Recognising that there were already very mature and capable ATMS solutions out there, we decided to look at what was already available.
    Read More

Highlighted Content