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Announced

SWARCO to acquire HITEX Group.

Synopsis

SWARCO, a traffic management and traffic safety company, agreed to acquire HITEX Group, a producer of road marking materials and decorative surfacing products. Financial terms are not disclosed. We are happy to have found with SWARCO a family-owned business with a strong know-how in the production of glass beads, road marking materials and the application of line markings. My family and I are convinced that SWARCO will be a good new home for HITEX and its staff, offering growth potential and continuity for our life's work," Geoff Lloyd, HITEX Co-Owner.

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