In This Article:
28/02/2025
LACROIX announces the final sale
of the City-Mobility segment
LACROIX announces that it has finalized the sale of its City-Mobility segment to the SWARCO Group. The two companies had entered into exclusive negotiations on December 12, 2024. The sale has taken effect on February 28, 2025.
This divestment reflects LACROIX's intention to focus on group’s businesses that present strong technological synergies to achieve its ambition of becoming a global leader in industrial IoT solutions and electronic equipment for critical applications.
SWARCO's proven track record and reputation in the ITS industry (Intelligent Transport System) were decisive factors in the choice of this buyer. The activities of SWARCO, a world leader in mobility solutions (traffic management, road marking, etc.), are highly complementary with the City-Mobility segment in geographical, technological and commercial terms, offering great opportunities for development and synergies.
The City-Mobility segment includes Traffic and V2X business units, which accounted for a €30.8 million revenue in 2024, or 4.6% of LACROIX revenue. It employed 122 people across the French sites of Carros (Alpes Maritimes), Ploufragan (Côtes d'Armor) and Cesson (Ille-et-Vilaine), as well as the Spanish site in Madrid.
As a reminder, this City-Mobility segment was treated in the financial statements as a “Discontinued operation” in fiscal 2024.
Upcoming event
2024 annual results : March 31, 2025 after market close
Join our Shareholders' Club
LACROIX Shareholders' Club
Find more financial information on our Investors page
https://www.lacroix-group.com/investors/
About LACROIX
Convinced that technology must contribute to simple, sustainable, and safer environments, LACROIX supports its customers in developing more sustainable living ecosystems, thanks to useful, robust, and secure electronic equipment and connected technologies.
As a listed, family-owned midcap with a € 636 million revenue in 2024, LACROIX combines agile innovation, industrialization capacity, cutting-edge technological know-how and a long-term vision to meet environmental and societal challenges through its activities: Electronics and Environment.
Through its activity Electronics, LACROIX designs and manufactures industrial IoT solutions (hardware, software, and cloud) and electronic equipment for the automotive, industrial, connected homes and buildings (HBAS), avionics and defense, and healthcare sectors. As the Group's industrial backbone, the activity Electronics of LACROIX, is ranked among the TOP 50 worldwide and TOP 10 European EMS,
Through its activity Environment, LACROIX also supplies secure and connected electronic equipment and IoT solutions to optimize the management of water networks, heating, ventilation, and air conditioning installations, as well as smart grids and smart lighting networks.