Announced
Completed
Synopsis
Swarco Group, a traffic technology company, completed the acquisition of Dynniq Mobility, an urban and interurban traffic management and public lighting provider, from Egeria, a private equity firm. Financial terms were not disclosed. "By being part of the traffic technology group SWARCO, we are excited to further strengthen our offering and market position. Our long-lasting domain expertise combined with our innovative products and unique installed base in various countries will build and expand on the strong international footprint of SWARCO. I am proud of all that we have accomplished as Dynniq Mobility so far and I am looking forward to the journey ahead," Jan Vos, Dynniq Mobility CEO.
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