SWARCO buys out Dynniq

30/09/2021 | DOMINIC BROWNE

SWARCO AG has acquired 100% of the shares in Dynniq Mobility, adding roughly 1,100 colleagues to the SWARCO Group along with revenues of more than £172m.

However, the Dynniq Group’s parking management solutions (WPS) and energy were not part of the transaction.

Dynniq Mobility was owned by the private equity fund Egeria, which took over Imtech Traffic & Infra in 2015 with subsequent rebranding to Dynniq.

The company is headquartered in Amersfoort, the Netherlands, and has a total of 39 locations across the world including in the UK, Ireland, Finland, Belgium, Poland, Croatia, Denmark, Sweden and Lithuania.

Representatives from Egeria, SWARCO and Dynniq celebrate the deal in The Hague

Swarco said Dynniq has a strong market position in the fields of urban and interurban traffic management and public lighting, as well as considerable expertise in managing large infrastructure projects.

'For us, the integration of Dynniq Mobility represents a big step in significantly strengthening our position in the ITS industry,' said Michael Schuch, the speaker of the SWARCO executive board.

'We are confident that this winning combination will help us accelerate our R&D roadmap to address the rapidly changing landscape and drive innovation in our industry. Moreover, the companies have a complementary footprint in terms of product portfolio, service offering and market penetration, and are very similar in their corporate cultures and organizational setup.'

Dynniq Mobility CEO Jan Vos said: 'Our long-lasting domain expertise combined with our innovative products and unique installed base in various countries will build and expand on the strong international footprint of SWARCO. I am proud of all that we have accomplished as Dynniq Mobility so far and I am looking forward to the journey ahead.'

A large proportion of Dynniq Mobility’s turnover is recurring revenues from longer-term service contracts in urban and interurban traffic management, SWARCO said, adding that together the two companies 'will continue to focus on delivering exemplary integrated solutions and services for their customers'.

SWARCO and Dynniq Mobility aim to accelerate the development, adoption and usage of ITS solutions to reduce the number of fatalities and CO2 emissions and improves travel experiences.

Egeria’s Mark Wetzels said: 'In our evaluation we identified SWARCO as a family-owned business with a five-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.'

Highways InProfile

latest magazine issue
Highways jobs

Senior Civil Engineer - Major Projects x 4

£45,894.00 - £54,952.00
We are looking for experienced engineers to help us progress a number of key projects and programmes Glasgow, Glasgow City
Recruiter: Transport Scotland

Technician - Maintenance

£31001.0000 - £36471.0000 per annum
Essex Highways is responsible for managing and maintaining one of the largest highway networks in the country
Recruiter: Essex County Council

Highways Contract Engineer

£46,731 - £49,764
The team helps provide a safe road network that operates efficiently and effectively.  Northamptonshire
Recruiter: North Northamptonshire Council

Principal Transport Planner

£46,731 - £49,764 (pro-rata)
We are looking for an experienced professional to join us on a six-month temporary contact as a Principal Transport Planner. Kettering, Northamptonshire
Recruiter: North Northamptonshire Council

Highways Maintenance Operative

£Competitive
We have a fantastic opportunity for a Permanent Highways Maintenance Operative Broughton, Brigg
Recruiter: Amey

Head of Highways Contracts & Network

£81,803 progressing to £90,664 per annum
The team includes approximately 60 directly employed HCC people Hertfordshire
Recruiter: Hertfordshire County Council

Principal Construction Manager

£Competitive
We are excited to offer a fantastic opportunity for a Permanent Principal Construction Manager Yorkshire and the Humber
Recruiter: Amey

Quality Technician

£Competitive
We are excited to offer a fantastic opportunity for a Permanent Quality Technician Yorkshire and the Humber
Recruiter: Amey

Senior Highway Engineer (Development Management)

£42679.0000 - £50211.0000 per annum
Senior Highway Engineer (Development Management)Permanent, Full Time£43,960 to £51,718 per annum*Location
Recruiter: Essex County Council

Project Manager (Major Projects)

£44,711 - £47,754
Are you an experienced project professional or engineer with looking to take the next step in your career? Halifax, West Yorkshire
Recruiter: Calderdale Metropolitan Borough Council

Senior Civil Engineer - Roads

£45,894 - £54,952
Are you an experienced engineer looking to support the Scottish Government’s national objectives. Scotland
Recruiter: Transport Scotland

Senior Civil Engineering Technician

Grade 7 £29,093 to £32,654 per annum
We are looking for a flexible individual who has the ability to meet targets and analyse and resolve complex technical problems and formulate a design Durham
Recruiter: Durham County Council

Project Team Manager

£55,147 to £60,676 per annum
We are pleased to be able to offer an opportunity for a role as Design Team Manager Norwich, Norfolk
Recruiter: Norfolk County Council

Clerk of Works

GRADE 08 (£37,938 - £41,511)
Warrington is one of the most successful towns in the country Warrington, Cheshire
Recruiter: Warrington Borough Council

Assistant Projects Engineer

GRADE 06 (£29,093 - £32,654),GRADE 07 (£33,366 - £37,035), GRADE 08 (£37,938 - £41,511)
Warrington is one of the most successful towns in the country Warrington, Cheshire
Recruiter: Warrington Borough Council

Principal Engineer - Traffic Management

£45,718 - £48,710 per annum
At Bath & North East Somerset Council we have one overriding purpose – to improve people’s lives. Bath, Somerset
Recruiter: Bath & North East Somerset Council

Vehicle Technician - Improver

£28,624 - £30,060
Transport Services is responsible for all aspects of transport and related services Huddersfield, West Yorkshire
Recruiter: Kirklees Metropolitan Council

Programme Delivery Office Administrator

Grade 9 £31,344 - £33,253 per annum
At Derbyshire, we have been on a journey to transform the way we deliver highway services to make them fit for the future Derbyshire
Recruiter: Derbyshire County Council

Support Officer - Highways Asset Management Systems

£31,586 - £34,314
We are a forward-thinking organisation dedicated to maintaining and improving our highway infrastructure. Lincolnshire
Recruiter: Lincolnshire County Council

Principal Transport Planner (Strategy)

£46,731-£49,764
We are looking for an experienced professional to join North Northamptonshire Council as a Principal Transport Planner (Strategy). Sheerness House, 41 Meadow Road, Kettering moving to Haylock House, Kettering Parkway, Kettering NN15 6EY, United Kingdom
Recruiter: North Northamptonshire Council
SUBSCRIBE NOW

Latest Video

Subscribe to Highways today to ensure you keep your finger on the pulse of everything happening in the UK road network throughout the year.

SUBSCRIBE NOW