French technology group 7616 Lacroix has recently made two strategic acquisitions, enabling it to expand its international presence, to develop in the smart cities sector and to capitalise on new growth areas.
The acquisition of Spanish company DSTA enabled Lacroix to expand its offering in variable message signs, traffic signals and public transport information panels, making it more competitive while providing its customers with proven end-to-end technological solutions.
By acquiring SOGEXI, the French supplier of junction and protection devices for lighting sources and remote management solutions for energy savings and street lighting maintenance, Lacroix is expanding its traffic management and public transport priority system business. The acquisition enables the Group to strengthen its focus on supporting its customers through overall smart road system issues by offering value added business applications aimed at communities or major integrators.
The acquisition of Spanish company DSTA enabled Lacroix to expand its offering in variable message signs, traffic signals and public transport information panels, making it more competitive while providing its customers with proven end-to-end technological solutions.
By acquiring SOGEXI, the French supplier of junction and protection devices for lighting sources and remote management solutions for energy savings and street lighting maintenance, Lacroix is expanding its traffic management and public transport priority system business. The acquisition enables the Group to strengthen its focus on supporting its customers through overall smart road system issues by offering value added business applications aimed at communities or major integrators.
