30 / 09 / 2021
SWARCO Acquires Dynniq Mobility
As of the 30th September 2021, SWARCO AG has successfully acquired total ownership of Dynniq Mobility. The company which headquarters are in Amersfoort, the Netherlands, has a strong market position in the fields of urban and inter urban traffic management, as well as considerable expertise in managing large infrastructure projects. With Dynniq Mobility having presence in 39 locations, the acquisition adds roughly 1,100 colleagues to the SWARCO Group and revenues exceeding 200 million EUR, with a large proportion of recurring revenue being generated from longer-term service contracts. Dynniq Mobility has presence in the Netherlands, UK, Ireland, Finland, Belgium, Poland, Croatia, Denmark, Sweden and Lithuania.
“For SWARCO, this acquisition represents a big step forward in significantly strengthening our position within the Intelligent Transport Systems (ITS) industry“ comments Michael Schuch, Speaker of the SWARCO Executive Board. “We are confident that by combining our expertise, this will help us accelerate our Research and Development roadmap to address the rapidly changing landscape and actively drive innovation. SWARCO and Dynniq Mobility have a complementary footprint in terms of product portfolio, service offering and market penetration, and in addition are very similar in their corporate values.”
“By being part of SWARCO’s traffic technology group, we are excited to further enhance our offering and market position” says Dynniq Mobility CEO Jan Vos. “Our long-lasting domain expertise combined with our innovative products and geographical reach, will build and expand on the strong international footprint of SWARCO. I am proud of the achievements accomplished by Dynniq Mobility so far and I am looking forward to the journey ahead.”
With major Cooperative ITS innovations being deployed primarily in the Netherlands, UK, Ireland, Finland and Belgium, Jeremy Cowling, SWARCO’s Vice President of the UK and North Europe ITS Division, adds “In addition to existing service and project organisations, the acquisition of Dynniq Mobility will boost SWARCO’s operational presence in currently underserved geographical areas”.
Combining SWARCO and Dynniq Mobility’s highly skilled professionals will accelerate their position in the market, actively driving innovation within the industry whilst continuing to focus on delivering exemplary integrated solutions and services. The acquisition will present an unparalleled advantage to bring forward the development, adoption and usage of innovative ITS solutions in a way which ensures the needs of their current and future customers’ will be met.
By improving safety, reducing emissions and increasing the efficiency of journeys, this will greatly benefit everyday road users as safe, sustainable and efficient travel is becoming increasingly dependent on innovative solutions and skilled professionals.
The Dynniq Group’s fields of parking management solutions (WPS) and Energy were not part of the transaction. Dynniq Mobility was owned by the Private Equity Fund Egeria that took over Imtech Traffic & Infra in 2015 with subsequent rebranding to Dynniq. Egeria’s Mark Wetzels comments the transaction as follows: “In our evaluation we identified SWARCO as a family-owned business with a 5-decade track record in the traffic industry. Financially solid, the Austrian group can be considered a great new home for Dynniq Mobility, with strong potential for a joint sustainable growth. Egeria and the supervisory board are very proud of what the Dynniq Mobility team has accomplished so far. We wish them all the best under the leadership of SWARCO.”
ABOUT SWARCO
SWARCO’s leading idea is to improve quality of life by making the travel experience safer, quicker, more convenient and environmentally sound. With more than five decades of experience in the industry, the Austrian traffic technology corporation produces and provides a large range of products, systems, services, and turnkey solutions for road marking, urban and interurban traffic management, parking, and public transport. Cooperative systems, infrastructure-to-vehicle communication, e-mobility, and integrated software solutions for the Livable City complement the group’s future-oriented portfolio. 4000 traffic experts are keen to shape together with all stakeholders in the traffic industry the transition from conventional traffic management to value-added services fit for the traveller in the digital age. SWARCO’s products, systems and solutions contribute to greater road safety and intelligent traffic management in 80 countries and generate revenues of three quarters of a billion euros. www.swarco.com
ABOUT DYNNIQ MOBILITY
We are Dynniq Mobility. We are changing the way people travel; safely, sustainably and efficiently. Our 1,100 employees worldwide are engaged daily in the design, realisation, management and maintenance of our smart solutions. Our wide range of intelligent products and services contribute to achieving optimal traffic flow and a safer living environment. We ensure that road capacity is optimally utilised, resources are sustainably deployed and road users participate in traffic more efficiently and pleasantly. In doing so, we engage in a reliable, open and pro-active way with our customers, partners and distributors to shape the mobility of tomorrow. www.dynniq.com