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
|