Company Sale

Neavia Technologies

Date: September 2016

Operation: Sold to LACROIX City

Turnover: €1M

Sector(s): IT - TMT

Activity: Smart road

NEAVIA Technologies, the pionneer of intelligent transport systems in France, created in 2003 by Jean-Hubert Wilbrod, has been acquired by the listed Lacroix Group (Sales: €400m). NEAVIA Technologies is specialised in the intelligent and eco-responsible improvement of transport infrastructure security. They market three product lines: detection solutions (driving in the wrong direction, travel time…), video (autonomous, 360° cameras) and C2X/ Connected Vehicles (road-side units, on-board units).

This transaction will enable LACROIX City to become a leader in C2X solutions and to reinforce its presence in the connected road infrastructure sector.

Advisor to the Vendor : LINKERS – Michèle Fine, Benjamin Le Guillou

Read the press release

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