SafeRoad acquires ViaCon
The traffic solutions provider SafeRoad has entered into an agreement to acquire a controlling stake of the ViaCon Group - a leading supplier of products, services and systems for roads construction and civil engineering. “This is a strategically important acquisition that broadens SafeRoad’s portfolio of products, services and systems and entails geographical expansion”, says SafeRoad’s CEO Jon Erik Engeset. “We are impressed by the growth and international expansion ViaCon has achieved over the past 25 years. ViaCon delivers high value to its customers, and we see great potential in the Group.”
SafeRoad comprises many solutions – such as road signs and technical traffic products, road marking, roadway illumination, road railings and bridge parapets, and rock and tunnel securing. SafeRoad is also a leading supplier of marina systems, balcony systems and street furniture.
The SafeRoad Group had an annual turnover at EUR 330 million in 2009.
Now ViaCon together with SafeRoad may offer comprehensive solutions to traffic safety, durability and functionality.
More info www.saferoad.com
