AVS Verkehrssicherung Acquires Majority Stake in Fero Group
June 3, 2019
AVS Verkehrssicherung, a Triton Fund IV company, has agreed to acquire a majority share in Belgium-based Fero Group from the founding Haerens family. Fero is a leading provider of temporary traffic management, road marking and traffic signage with more than 300 employees across multiple locations in Flanders and Wallonia; the transaction strengthens AVS's European footprint in work-zone safety and is subject to regulatory approval.
- Buyers
- AVS Verkehrssicherung, Triton Partners
- Targets
- Fero Group
- Sellers
- Haerens family
- Platforms
- AVS Verkehrssicherung
- Industry
- Transportation
- Location
- Flanders, Belgium
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Triton Merges AVS, Chevron TM, Fero and Ramudden into Single Traffic Safety Platform
December 17, 2020
Industrial Services
Triton has merged four of its portfolio companies—AVS Group, Chevron TM, Fero Group and Ramudden—into a single group to create an international leader in traffic and critical infrastructure safety services. The consolidation combines local market leaders across Germany, the UK, Belgium and the Nordics to drive international growth, operational synergies and further consolidation in the sector; combined sales are stated at more than EUR 450m.
-
AVS Verkehrssicherung Acquires SRV Verkehrstechnik GmbH
September 22, 2020
Infrastructure
AVS Verkehrssicherung, a Triton Fund IV portfolio company, has signed an agreement to acquire SRV Verkehrstechnik GmbH, a provider of permanent and temporary road marking and construction site traffic safety services based in Limbach-Oberfrohna, Germany. SRV employs 26 people and the acquisition is intended to expand AVS's regional service portfolio and consolidate traffic-safety capabilities across the group.
-
AVS Verkehrssicherung Acquires Lorenz GmbH (Lorenz Markierungen)
July 2, 2019
Construction
AVS Verkehrssicherung, a Triton-backed traffic safety services provider, has signed an agreement to acquire Lorenz GmbH (Lorenz Markierungen), a road marking and construction site safety company based in Wittstock/Dosse, Germany. The deal — subject to antitrust approval — expands AVS's service capabilities and regional coverage; terms were not disclosed.
-
AVS Verkehrssicherung Acquires Implenia SVA GmbH
January 27, 2020
Construction
AVS Verkehrssicherung, a Triton Fund IV portfolio company, has signed an agreement to acquire Implenia SVA GmbH (SVA), a Saarbrücken-based provider of construction site safety and road marking services. The acquisition extends AVS’s regional presence in Saarland, Rhineland-Palatinate and Luxembourg; terms were not disclosed.
-
Fero International Inc. Acquires AVL Manufacturing Inc.
October 14, 2021
Manufacturing
Fero International Inc. signed a letter of intent to acquire AVL Manufacturing Inc., a Hamilton, Ontario–based turnkey manufacturer of modular enclosures with a 30-year track record. The acquisition will secure AVL's manufacturing facilities and over 70 employees (including ~15 engineers) to help Fero scale production of its modular solutions; closing was anticipated in Q4 2021 subject to due diligence, financing and a definitive agreement.
-
Jensen Hughes Acquires FES Ghent (FESG)
June 14, 2021
Engineering Services
Jensen Hughes, a portfolio company of Gryphon Investors, has acquired Belgium-based fire protection engineering firm FES Ghent (FESG). The acquisition expands Jensen Hughes' presence in Belgium and Continental Europe while strengthening its fire protection, tunnel ventilation, CFD and performance-based design capabilities.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.