Swarco in talks to acquire French traffic tech company

Lacroix business unit focuses on C-ITS and V2X software, as well as traffic signals
By Adam Hill December 12, 2024 Read time: 1 min
Lacroix-City comprises three firms involved in urban mobility and connectivity (image: Lacroix)

Swarco is in "exclusive negotiations" to buy the traffic technology division of French company Lacroix.

Lacroix-City comprises three firms which manufacture signal heads, controllers, variable message signs and signs for passenger information, as well as supplying software for cooperative ITS (C-ITS) and Vehicle to Everything (V2X) communications.

The deal is expected to complete in the first quarter of 2025.

With revenues of €27.3 million in 2023, the business unit employs 122 people across the French sites of Carros (Alpes Maritimes), Ploufragan and Cesson (Brittany), as well as the Spanish site in Madrid.

Lacroix will refocus on electronics and environment, with Swarco strengthening its business activities in the French-speaking and Spanish markets.

Detection, Monitoring & Machine Vision GIS/ Mapping & Location Based Systems Networking & Communication Systems Urban Traffic Control

For more information on companies in this article

Related Content

  • VivaCity AI signal control tech set for multiple detection zones
    March 31, 2023
    Solution is compatible with existing Yunex, Swarco and Telent signal controllers
    Read More
  • Iteris contract wins boost order backlog
    January 7, 2016
    Iteris has added approximately US$24 million in new signed contracts in the last three months, reaching a company record US$52 million in backlog for its transportation systems business division, representing an approximate 60 per cent increase from this point in time one year ago. These contracts broaden the firm’s transportation management and connectivity services providing additional software and hardware solutions; services include commercial vehicle operations (CVO), transit, performance monitoring, t
    Read More
  • TransCore to design and build I-66 active traffic management system
    February 15, 2013
    One of the most congested interstates in Virginia, US, is to get an Active Traffic Management (ATM) system. The Virginia Department of Transportation (VDOT) has selected TransCore, a division of Roper Industries, to design and build its I-66 ATM system on northern Virginia’s main highway into the District of Columbia. The US$34 million contract is 90 percent federally funded and will support thirty-four miles of highway from the District of Columbia to Gainesville US-29 in Prince William County. The projec
    Read More
  • Key Russian PPP project
    April 18, 2012
    The Northern Capital Highway (NCH) consortium has been named the preferred bidder in the tender for the central section of St Petersburg’s Western High-Speed Diameter (WHSD) project. Should NCH win the tender process it will build and then operate the entire stretch of the toll road. The consortium comprises VTB Capital and Gazprombank from Russia in partnership with Italian company Astaldi and Turkish firm Ictas Insaat.
    Read More

Highlighted Content