Traffic technology company SWARCO has completed its acquisition of Heusch/Boesefeldt, a German road management software company, for an undisclosed amount.
The Aachen-based company has a staff of roughly 50 and had a key role in digitalisation and automation operations for national and international traffic infrastructure.
When approached by Highways regarding the value of this new acquisition, SWARCO stated that, due to a clause in the contract, it was unable to disclose any information regarding the cost of the purchase.
SWARCO chief executive officer (CEO) Michael Schuch said: ‘With the acquisition of Heusch/Boesefeldt, a company founded in the same year as SWARCO in 1969, we are strategically expanding our technological expertise in customized software solutions.
'At the same time, we are strengthening our market presence in the DACH region and beyond, enabling closer collaboration with key SWARCO clients in road and highway operations.
‘This also lays the foundation for building a powerful engineering center for highway and tunnel management systems and for developing forward-looking technologies – especially in the field of CCAM (Cooperative, Connected, Automated Mobility).’
Heusch/Boesefeldt managing directors Dirk Hübner and Berthold Jansen added: ‘Our innovative, highly developed solutions can now have an even greater impact with SWARCO. The future of Heusch/Boesefeldt is secured long-term, and we can continue to offer our employees inspiring prospects: to apply their knowledge and energy to socially meaningful developments and to positively shape the future of mobility.’
Pictured above (from left): Magdalena Mader and Fabian Marinell (SWARCO M&A), SWARCO CEO Michael Schuch, Heusch/Boesefeld managing directors Berthold Jansen and Dirk Hübner, and Heusch/Boesefeld shareholders Andrea Pfeiffer and Michael Schmidt.
Image credit: SWARCO
