LACROIX & SWARCO: A Strategic Alliance in Traffic Management

In a strategic move that aligns with its long-term goals, LACROIX has finalized the sale of its City-Mobility segment to the Austrian traffic technology group, SWARCO. This acquisition, set to be effective in the first quarter of 2025, is expected to bring significant synergies and growth opportunities for both parties.

LACROIX, a listed, family-owned midcap with a €761 million revenue in 2023, has been focusing on its Electronics and Environment activities to become a global leader in industrial IoT solutions and electronic equipment for critical applications. The sale of the City-Mobility segment, which represented 3.6% of LACROIX's revenue in 2023, allows the company to refocus on its core competencies and high-potential activities.

The City-Mobility segment, which includes the Traffic and V2X business units, has a strong presence in France and Spain, with a significant installed base and local integrators. This acquisition will enable SWARCO to strengthen its market presence in these regions and extend its range of products and solutions.

SWARCO, a global leader in mobility solutions, is excited about the potential for substantial advancements in the French and Spanish markets. By uniting LACROIX City-Mobility’s expertise, geographic reach, and reputation with SWARCO's market-leading ITS products, systems, and solutions, the company is poised for significant growth.

Michael SCHUCH, CEO of SWARCO, expressed his enthusiasm: "We are thrilled to welcome the LACROIX City-Mobility team to the SWARCO Family and look forward to evolving our business together." This acquisition is a promising opportunity for SWARCO to amplify its presence in the French-speaking traffic technology markets, as well as in Spain.

Vincent BEDOUIN, CEO of LACROIX, also shared his optimism: "I am delighted that our project of cession has been able to conclude with SWARCO. The teams City – Mobilité will be joining a family-owned group with a strong entrepreneurial culture, boasting the right size to meet its many challenges and a shared passion for the traffic control business."

In conclusion, the finalization of the sale of the City-Mobility segment to SWARCO is a strategic move that aligns with LACROIX's long-term goals and brings significant synergies and growth opportunities for both parties. This alliance in the traffic management sector is set to make a substantial impact on the market and pave the way for a more connected and efficient future.