Dynniq, headquartered in Amersfoort, has a total of 39 locations in the
Netherlands, the UK, Ireland, Finland, Belgium, Poland, Croatia, Denmark, Sweden and Lithuania, with 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. The Dynniq Group’s fields of parking management solutions (WPS) and energy were not part of the transaction.
“For us, the integration of Dynniq Mobility represents a big step in significantly strengthening our position in the ITS industry, “said Swarco executive board member Michael Schuch. “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 organisational setup.”
“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,” said Dynniq Mobility CEO Jan Vos. “I am proud of all that we have accomplished as Dynniq Mobility so far and I am looking forward to the journey ahead.”
The acquisition of Dynniq Mobility adds roughly 1,100 colleagues to the Swarco Group and revenues exceeding €200 million.