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

  • UK’s M6 tolled motorway for sale
    June 21, 2016
    For sale: one UK toll motorway along with operating business. Well maintained. Price negotiable. David Arminas looks at what is on offer As if right on cue, a French articulated truck starts to back up along the hard shoulder at an exit area of M6toll. The manoeuvring is watched from an office inside the nearby M6toll headquarters. Inside, Andy Pearson, chief executive of M6toll, glances over his shoulder and interrupts his presentation to World Highways. “He’s probably missed the dedicated wide-load
    Read More
  • Asphalt and bitumen - testing for performance
    February 29, 2012
    The stresses placed on modern asphalt and bitumen means that specialist equipment is essential to make sure performance specifications are met. As road traffic increases at a rapid pace and road safety becomes a priority issue, asphalt is put under increasingly higher stresses. For example, road surfaces are subject to compression, flexural tensions and tangential stresses: internal friction, depending on the aggregates, and the cohesion, guaranteed by bitumen's composition, are the two main properties whic
    Read More
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
    Read More
  • Intermat key event for new construction technology
    February 24, 2012
    Key product innovations will be unveiled at Intermat. As one of the world's largest off-highway equipment exhibitions, the Intermat Show in Paris is a key event for new technology introductions for the construction industry. Major manufacturers will unveil a range of new technologies to the industry, as well as highlighting the benefits of their proven equipment designs.
    Read More

Highlighted Content