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

Related Content

  • Ficosa shows off new e-mobility development centre
    October 11, 2018
    Spanish firm Ficosa has pulled back the curtain on its new centre for developing electromobility solutions. The €10 million, 1,200-m2 ‘e-mobility hub’ near Barcelona in Spain, currently contains four new labs and will be the location for developing and manufacturing software and hardware solutions for hybrid and electric vehicles, specifically battery-management systems and on-board chargers. It is home to 120 engineers, and the company says it will take on 100 more in 2019, as well as adding a new
    Read More
  • Embedded connectivity delivers real time travel information
    February 3, 2012
    Ton Brand describes the GSM Association's Embedded mTelematics programme. As the world's roads become increasingly crowded, consumers and businesses are demanding better real-time information to help them both avoid traffic congestion and make smarter use of public transport. Embedding mobile connectivity directly into vehicles can enable drivers and passengers to see live traffic flows in their localities, as well as the expected arrival time of the next bus, ferry or tram
    Read More
  • 3M to focus on connected roadways of the future
    June 5, 2017
    3M is to sell its electronic monitoring business to enable its Transportation Safety Division to focus on connected roadways of the future.
    Read More
  • Dynamic Message Signs : Don’t replace, refurbish and upgrade
    August 12, 2015
    Refurbishing old dynamic message signs can save money and increase technical capabilities as David Crawford discovers. Evidence is growing on both sides of the Atlantic of the scope for retrofitting old or technically out-of-date dynamic message signs (DMS) with new electronic equipment, to save on the costs of installing full-scale replacements. In the last four months of 2014, a number of US states progressed programmes that achieved savings of more than US$1.75 million (€1.56million).
    Read More

Highlighted Content