PARIS: LACROIX has announced the sale of its City-Mobility segment to the SWARCO group, following exclusive negotiations that began on December 12. The transaction is expected to be completed in the first quarter of 2025. The sale includes the Traffic and V2X business units, which generated €27.3 million in revenue in 2023, representing 3.6% of…
PARIS, FRANCE: LACROIX announced the sale of its Road Signs Business Unit to the industrial investment company AIAC (American Industrial Acquisition Corporation). LACROIX aims to become a global leader in industrial IoT solutions and electronic equipment for mission-critical applications by 2025. Given the market trends, synergies between the Road Signs Business Unit and the rest…
PARIS, FRANCE: LACROIX has signed an exclusive agreement for the acquisition of a majority stake in the capital of the US based company FIRSTRONIC with its main shareholders. LACROIX, which already has a 12.5% shareholding, will rise its equity stake in FIRSTRONIC to 62% at the end of the operation. LACROIX first acquired a stake…
PARIS, FRANCE: LEDGER and LACROIX have decided to join forces to produce a key component of the world’s best-selling cryptoasset wallet, LEDGER’s Nano, a news release said. LEDGER is a world leader in securing digital assets, and LACROIX is the French leader in industry 4.0. The current situation in relation to the democratization of cryptoassets,…