(Registrieren)

EANS-Adhoc: Kapsch TrafficCom acquires Mark IV IVHS, the largest supplier of electronic toll collection (ETC) equipment in North America

Geschrieben am 05-11-2010


--------------------------------------------------------------------------------
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
--------------------------------------------------------------------------------


Company Information

05.11.2010

Vienna, November 5, 2010. Kapsch TrafficCom AG (ISIN AT000KAPSCH9),
listed on the Vienna Stock Exchange in the prime market segment, has
agreed to acquire through subsidiaries the businesses of MARK IV
IVHS, part of MARK IV, LLC (U.S.), in the United States, in Canada
and in Mexico for a purchase price of USD 70 million (approximately
EUR 50 million), subject to certain closing conditions and subject to
certain potential price adjustments based on working capital included
with the business. The transaction is structured as a stock purchase
of the holding companies which own the Mark IV IVHS business, and
closing is targeted for 30 November 2010.

MARK IV IVHS is a designer and manufacturer of dedicated short-range
communication (DSRC) devices that are widely used by highway, toll,
turnpike, tunnel, and bridge authorities to enable intelligent
transportation systems (ITS) such as electronic toll collection (ETC)
and automated weigh station bypass. With more than 21.8 million
transponders on-the-road and more than 3,700 lanes equipped, MARK IV
IVHS is the largest supplier of ETC equipment in North America. MARK
IV IVHS has enabled many landmark ITS deployments, including: the
world´s first non-stop, all-electronic toll road (Highway 407 ETR,
Canada); interoperability between truck electronic preclearance
systems and toll collection (PrePass); and, the E-ZPass® system of
the 24 toll authorities in 14 states who comprise the E-ZPass® Group
in the Northeastern United States. E-ZPass® is a regional ETC system
that can be used throughout the Northeast and Midwest regions of the
United States. MARK IV IVHS also recently announced a contract award
in Mexico. With 142 employees, MARK IV IVHS generated in its last
fiscal year 2009/2010, ended February 28, 2010, net sales of
approximately USD 50 million (approximately EUR 36 million) at a
clear positive free cash flow and at an EBITDA margin accretive to
the EBITDA margin of Kapsch TrafficCom Group generated in its last
fiscal year 2009/2010, ended March 31, 2010.

Kapsch TrafficCom is an international supplier of superior
intelligent transportation systems (ITS). Its principle business is
the development and supply of electronic toll collection (ETC)
systems, in particular for the multi-lane free-flow (MLFF) of the
traffic, and the technical and commercial operation of such systems.
Kapsch TrafficCom also supplies traffic management systems, with a
focus on road safety and traffic control, and electronic access
systems and parking management. With approximately 240 references in
39 countries on all 5 continents, and with more than 18 million
transponders (on-board units - OBUs) delivered and nearly 13,000
lanes equipped, Kapsch TrafficCom has positioned itself among the
leading suppliers of ETC systems worldwide. Kapsch TrafficCom is
headquartered in Vienna, Austria, and has subsidiaries and
representative offices in 25 countries. With currently almost 1,500
employees, Kapsch TrafficCom Group generated revenues of EUR 216
million (approximately USD 300 million) in its last fiscal year
2009/2010, ended March 31, 2010.

Disclaimer

This ad-hoc release constitutes neither an offer to sell nor a
solicitation to buy any securities.

This ad-hoc release and the information it contains are not for
publication in the United States of America (U.S.A.) and may not be
distributed to U.S. persons (as defined in Regulation S of the U.S.
Securities Act ("Securities Act") of 1933, as amended) or to
publications with a general circulation in the U.S.A. This stock
exchange announcement does not constitute an offer for the sale of
securities or solicitation of an offer to purchase securities in the
U.S.A. The securities of Kapsch TrafficCom AG have not been
registered under the provisions of the Securities Act and may not be
offered, sold or delivered to U.S. persons without prior registration
under or exemption from the registration requirements.

This ad-hoc release is exclusively addressed to persons (i) outside
the United Kingdom, or (ii) who are investment professionals for the
purposes of article 19(5) U.K. Financial Services and Markets Act
2000 (Financial Promotion) Order 2005 (the "Order"), as amended, or
(iii) who are included under article 49(2)(a)-(d) of the Order ("high
net worth companies, unincorporated associations, etc.). All such
persons are hereinafter referred to as "Relevant Persons". No person
who is not a Relevant Person may take action on the basis of this
press release or the information contained herein or rely thereon.
Investment or investment activities in connection with this press
release are only available to Relevant Persons, and investment
business will only be transacted with Relevant Persons.


end of announcement euro adhoc
--------------------------------------------------------------------------------


ots Originaltext: Kapsch TrafficCom AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Marcus Handl

Investor Relations

Kapsch TrafficCom AG

Phone: +43 (0) 50 811 1120

Am Europlatz 2, A-1120 Vienna, Austria

E-mail: ir.kapschtraffic@kapsch.net

www.kapschtraffic.com

Branche: Technology
ISIN: AT000KAPSCH9
WKN:
Index: Prime Market
Börsen: Wien / official market


Kontaktinformationen:

Leider liegen uns zu diesem Artikel keine separaten Kontaktinformationen gespeichert vor.
Am Ende der Pressemitteilung finden Sie meist die Kontaktdaten des Verfassers.

Neu! Bewerten Sie unsere Artikel in der rechten Navigationsleiste und finden
Sie außerdem den meist aufgerufenen Artikel in dieser Rubrik.

Sie suche nach weiteren Pressenachrichten?
Mehr zu diesem Thema finden Sie auf folgender Übersichtsseite. Desweiteren finden Sie dort auch Nachrichten aus anderen Genres.

http://www.bankkaufmann.com/topics.html

Weitere Informationen erhalten Sie per E-Mail unter der Adresse: info@bankkaufmann.com.

@-symbol Internet Media UG (haftungsbeschränkt)
Schulstr. 18
D-91245 Simmelsdorf

E-Mail: media(at)at-symbol.de

299228

weitere Artikel:
  • EANS-Adhoc: Kapsch TrafficCom erwirbt Mark IV IVHS, den größten Anbieter von Komponenten für elektronische Mautsysteme in Nordamerika -------------------------------------------------------------------------------- Ad-hoc-Mitteilung übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- Unternehmen 05.11.2010 Wien, 5. November 2010. Die im Prime Market der Wiener Börse notierte Kapsch TrafficCom AG (ISIN AT000KAPSCH9) erwirbt über Tochtergesellschaften das US amerikanische, kanadische und mexikanische Geschäft mehr...

  • Dodge & Cox gibt den Dodge & Cox Worldwide Funds-International-Aktienfonds frei San Francisco, November 5 (ots/PRNewswire) - Der Aufsichtsrat von Dodge & Cox gab heute die Freigabe des Worldwide Funds-International-Aktienfonds von Dodge & Cox bekannt. Der Dodge & Cox Worldwide Fund ist ein OGAW* mit Sitz in Irland und steht qualifizierten Nicht-US-Investoren zur Verfügung. Der Investmentansatz von Dodge & Cox ist geprägt von langfristigen Anlagehorizonten, konsequenter Preisdisziplin und gründlicher unabhängiger Forschung der einzelnen Betriebe. Diese bewährten Prinzipien werden auf den Dodge & Cox Worldwide mehr...

  • Binary Tree und Microsoft gehen eine strategische Allianz ein Newark, New Jersey, November 5 (ots/PRNewswire) - Binary Tree gab heute eine strategische Allianz bekannt, indem es seine Software für Microsoft geführte Migrationen von IBM/Lotus Notes-Kunden auf Microsoft Exchange Online, ein Teil seiner Business Productivity Online Suite (BPOS), bereitstellt. Als Microsofts bevorzugten Anbieter wird die Technologie und Methodik von Binary Tree genutzt, plattformübergreifendes Messaging und Kalenderdateien für Kunden von Legacy IBM/Lotus Notes aufzubauen. "Wir haben beschlossen, die Tools von mehr...

  • EANS-Adhoc: Lenzing AG / Lenzing Gruppe - Geschäftsverlauf deutlich besser als zuletzt erwartet -------------------------------------------------------------------------------- Ad-hoc-Mitteilung übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- 9-Monatsbericht/Trading Statement Lenzing Gruppe 06.11.2010 Die Lenzing Gruppe erwartet für das dritte Quartal und damit für das Ergebnis der ersten neun Monate 2010 eine deutlich bessere Umsatz- und Ertragsentwicklung als zuletzt mehr...

  • EANS-Adhoc: Lenzing AG / Lenzing Group - business development significantly better than recently assumed -------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 9-month report/Trading Statement Lenzing Group 06.11.2010 The Lenzing Group is expecting a significantly better development of sales and results for the third quarter and therefore for first nine months mehr...

Mehr zu dem Thema Finanzen

Der meistgelesene Artikel zu dem Thema:

Century Casinos wurde in Russell 2000 Index aufgenommen

durchschnittliche Punktzahl: 0
Stimmen: 0

Bitte nehmen Sie sich einen Augenblick Zeit, diesen Artikel zu bewerten:

Exzellent
Sehr gut
gut
normal
schlecht