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Announced

Triton-backed AVS to acquire Gerding and MIS.

Synopsis

Triton-backed AVS Verkehrssicherung, a provider of services for professional traffic safety, agreed to acquire Gerding and MIS, two providers of traffic engineering. Financial terms were not disclosed. "The company is known as a long-standing, reliable and innovative service provider. For AVS, the acquisition of Gerding/MIS is an ideal expansion of the competences in the segment of congestion warning systems and mobile signage," Andreas Schwingeler, AVS COO.

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