Teledata expands operations with key acquisition

Teledata World Services has signed a letter of intent to acquire all of the equity of Superior Traffic Controls, a developer and manufacturer of roadside safety and incident management products. The transaction will result in the majority shareholders of Superior becoming the majority shareholders of the Teledata and comes at the conclusion of a two-year search for a new business opportunity Teledata could merge with or acquire.
May 18, 2012 Read time: 1 min
RSS5634 Teledata World Services has signed a letter of intent to acquire all of the equity of 5632 Superior Traffic Controls, a developer and manufacturer of roadside safety and incident management products. The transaction will result in the majority shareholders of Superior becoming the majority shareholders of the Teledata and comes at the conclusion of a two-year search for a new business opportunity Teledata could merge with or acquire.

Superior's flagship product, The Kone General, is a patented portable device that automatically deploys the company’s also patented traffic safety cones (Safe "D-Ploy" Spring Cone) while the operator remains safely inside the attending vehicle.

For more information on companies in this article

Related Content

  • DEUTZ looks to EAT
    February 27, 2012
    Deutz, one of the world's largest independent engine manufacturers, will in future be bundling its exhaust gas technology expertise in the EAT (Exhaust After-Treatment) product line. The goal is to promote customer-oriented solutions for the system integration of engine/exhaust technology quickly and efficiently, opening up additional growth opportunities by marketing a variety of EAT modules and systems as well as EAT development and application services.
    Read More
  • Traffic Group reduces ‘lights out’ scenario
    August 10, 2023
    Traffic Group Signals, a UK maker of advanced portable and temporary traffic signal products, has boosted performance of its Metro Pro- and Evo1 Pro-enabled temporary traffic signals.
    Read More
  • Sandvik plant increases productivity
    December 3, 2012
    Lafarge Aggregates Malaysia’s Kulai quarry is designed to the highest standards of safety, productivity and efficiency With an emphasis on high standards of safe, efficient and productive operations, Lafarge Aggregates Malaysia recently installed new quarry plant. It became operational earlier this year after Sandvik Mining and Construction Malaysia designed and installed a 250tonnes/hour, four-stage crushing and screening plant in Kulai, Johor, some 270km south of the capital Kuala Lumpur. It is now fully
    Read More
  • Canadian manufacturer of remote-controlled GOTCHA! eyes Europe
    February 11, 2015
    With a brief but loud safety warning sound, one of the latest construction equipment inventions for sling operations drops its load, in this case a very light load. Daniel Hebert, vice president of the Canadian firm Crane Equipment.ca, was recently demonstrating the aptly-named GOTCHA! device that the Quebec-based company will be highlighting at the Intermat exhibition in Paris in April. GOTCHA! Is an automated sling release that uses a remote control to release loads being moved by crane. With the press
    Read More

Highlighted Content