Swarco and LACROIX Closed Transaction to Incorporate LACROIX’S City-Mobility Segment Into the Swarco Group

March 10, 2025

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.

About Swarco

SWARCO’s leading idea is to improve quality of life by making the travel experience safer, quicker, more convenient, and environmentally sound. The Austrian company, headquartered in Wattens near Innsbruck, specialises in traffic technology and produces and supplies a wide range of products, systems, services and turnkey solutions for road marking, urban and interurban traffic management, parking, and public transport. Its cooperative systems, infrastructure-to-vehicle communication, e-mobility and modular holistic software solutions support tomorrow’s mobility and make our communities more liveable. The Group is the world leader in high-performance road marking systems and the largest producer of LED-based traffic lights and variable message signs. More than 5,500 colleagues in 25 countries serve customers in 80 countries and generate revenues of over 1.2 billion euros.

www.swarco.com

About LACROIX

Convinced that technology must contribute to simple, sustainable, and safer environments, LACROIX supports its customers in developing more sustainable living ecosystems, thanks to useful, robust, and secure electronic equipment and connected technologies. As a listed, family-owned midcap with a €761 million revenue in 2023, LACROIX combines agile innovation, industrialization capacity, cutting-edge technological know-how and a long-term vision to meet environmental and societal challenges through its activities: Electronics and Environment. 
Through its Electronics business, LACROIX designs and manufactures industrial IoT solutions (hardware, software, and cloud) and electronic equipment for the automotive, industrial, connected homes and buildings (HBAS), avionics and defense, and healthcare sectors. As the Group’s industrial backbone, the Electronics activity of LACROIX, is ranked among the TOP 50 worldwide and TOP 10 European EMS.
Through its Environment activity, LACROIX also supplies secure and connected electronic equipment and IoT solutions to optimize the management of water networks, heating, ventilation, and air conditioning installations, as well as smart grids and smart lighting networks.

www.lacroix-city.fr | www.lacroix-group.com