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

  • Asphalt plant operators offer fuel for thought
    August 28, 2013
    Asphalt plant operators across continental Europe are said to be increasingly turning to pulverized lignite to fuel or partially fuel production, while leading plant manufacturers have been busy closing key deals with customers in Russia, Bangladesh and Switzerland. Guy Woodford reports. Financially astute asphalt plant operators in Europe are said to be increasingly using pulverized lignite, also known as brown coal, from Germany to fuel or partially fuel production. Under the product name ‘Lignite Energ
    Read More
  • TomTom to provide real time traffic info for Dutch city
    April 11, 2012
    TomTom will provide the city of Purmerend with real time traffic information to optimise traffic flow.
    Read More
  • Concrete barriers help to minimise accidents
    July 12, 2012
    Concrete barriers offer a highway safety solution - Mike Woof writes. Concrete safety barriers are being installed on many of Europe's major highways, particularly for use as centre lane dividers. The strength and durability of concrete barriers can help reduce the risk of cross over accidents, one of several topics raised at a conference in Brussels on concrete highway barriers organised by the European Concrete Paving Association, EUPAVE. The conference was opened by Yves Deceoene of the IRF's Belgian ex
    Read More

Highlighted Content