Announced
Financials
Tags
France
Road Signs
Acquisition
Cross Border
Private Equity
Pending
Friendly
Single Bidder
Private
Majority
Diversified Industrials
Synopsis
American Industrial Acquisition, an investment firm, agreed to acquire the road signs business unit from Groupe Lacroix, an international technology equipment supplier. Financial terms were not disclosed. The desire to focus its investments on the strategic markets of industrial IoT and electronic equipment led Lacroix to announce its plan to sell the Road Signs Business Unit.
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