SWARCO and LACROIX closed transaction to incorporate LACROIX'S CITY-MOBILITY segment into the SWARCO GROUP

Following successful negotiations and the signing on 21 January, Austrian SWARCO now announces the closing of the transaction to incorporate the CITY-MOBILITY segment of French LACROIX into the SWARCO Group. The CITY-MOBILITY segment of LACROIX consists of three companies that manufacture signal heads, controllers, variable message signs, and signs for passenger information and also supply software for C-ITS and V2X communication. The number of employees is approximately 120 at the Carros (Southern France), Ploufragan (Bretagne) and Madrid (Spain) sites, with consolidated revenues in 2024 amounting to € 30.8 million.

“We are very pleased that the negotiations and all legal implications were now successfully completed and solved”, said SWARCO CEO Michael Schuch. Jointly we can now pave the way for a coordinated post-merger integration process with subsequent rebranding of the LACROIX MOBILITY segment. By uniting LACROIX MOBILITY’s expertise, geographic reach, and reputation with our market-leading ITS products, systems, and solutions, we are looking forward to make substantial advancements in France and Spain.”

For LACROIX, this divestment was driven by the desire to refocus on its businesses with strong technological synergies in order to achieve its objective of becoming a global leader in industrial IoT solutions and electronic equipment for critical applications. Vincent Bedouin, CEO of the listed LACROIX Group, said: “I am delighted with the sale to SWARCO, which will enable the City-Mobility segment to achieve its full potential over the long term.” 

On 6 March, the SWARCO leadership team will officially welcome the CITY-MOBILITY staff of LACROIX at the Carros site with a reception.