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

  • Texas & South Dakota wins for Iteris
    March 28, 2024
    Contracts involve its ClearMobility platform and ClearRoute traveller information system
  • VOXX International completes Hirschmann Car Communication acquisition
    March 22, 2012
    VOXX International Corporation has completed its acquisition of Car Communication Holding GmbH and its worldwide subsidiaries (Hirschmann) for a total purchase price of approximately US$112 million, plus related transaction fees, expenses and working capital adjustments. In 2011, Hirschmann sales were approximately US$199 million, representing a 16% increase over the prior year. Management believes, based on the company's existing pipeline of booked business through 2016 and anticipated global market oppor
  • Teledyne Flir brings Middle East into vision
    July 10, 2023
    As urban sprawl creeps across the Middle East and Africa, congested roads aren’t far behind. Hesham Enan of Teledyne Flir explains to Adam Hill how traffic technology is helping authorities to cope
  • Dubai launches autonomous vehicle strategy
    April 26, 2016
    Dubai has taken a major step towards autonomous vehicles with the launch of its Dubai Autonomous Transportation Strategy, which aims to transform 25 per cent of the total transportation in Dubai to autonomous mode by 2030. The Dubai Autonomous Transportation Strategy is expected to save US$6 billion in annual economic revenues by reducing transportation costs, carbon emissions and accidents, and raising the productivity of individuals as well as saving hundreds of millions of hours wasted in conventional tr