SWARCO continues expansion with HITEX acquisition

Austrian multinational SWARCO has bought the family-owned business HITEX Holdings Ltd, which works in road safety, road markings and marking vehicles and machinery. The HITEX brands consist HITEX Traffic Safety, L&R Roadlines and Somerford Equipment). “With the HITEX acquisition, we follow our course of seeking market opportunities with companies that are a good fit for […]

EXCLUSIVE – SWARCO explains how company gains scale through Dynniq Mobility acquisition

One of SWARCO’s senior executives has told Highways News last week’s acquisition of Dynniq Mobility offers the scale of two major European ITS Companies that is needed to keep on top of technical developments. SWARCO announced on Thursday it has acquired the Dynniq subsidiary – something Vice President Jeremy Cowling (Pictured, second from left) explained […]

Enforcement company Redflex bought

The American smart mobility company Verra Holdings has bought the global enforcement business Redflex in a deal which it says positions it for “solid international growth moving forward”. Redflex will now operate as a wholly-owned subsidiary of Verra Mobility. They say that for existing customers, the transition will be virtually seamless, with both Verra Mobility and […]

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