Skip to main content

Prismo Contracting sold

Ennis Traffic Safety Solutions has sold its UK-based contracting subsidiary, Prismo Contracting Services to DBi Services of Hazleton, Pennsylvania.
March 2, 2012 Read time: 1 min
Ennis Traffic Safety Solutions has sold its UK-based contracting subsidiary, Prismo Contracting Services to DBi Services of Hazleton, Pennsylvania. The terms of the transaction have not been disclosed however.

“We’ve thought about divesting our contracting division to concentrate on our core horizontal road marking products for quite some time,” explained John Midea, president of Ennis Traffic.

1394 Ennis Prismo operated our only contracting division, so this decision was good for our international operations, the Prismo Contracting Services group and DBi. We will continue to concentrate on our core safety solutions products in Europe, the Middle East and Africa. This sale gives DBi a wonderful opportunity to expand their international operations.”

For more information on companies in this article

Related Content

  • Swarco hits the mark with Hitex
    October 27, 2021
    Swarco has expanded its operations with the acquisition of Hitex.
  • Roadtec bullish with strong results
    February 21, 2017
    Roadtec says that it saw a strong financial performance in 2016 and has high hopes for 2017. Part of Astec Industries, Roadtec says that it finished 2016 exceeding its sales performance goals. The firm says that the asphalt paving market benefited from the passage of the 6-year FAST-ACT Highway Bill on December 4th, 2015. Astec Industries and Roadtec played important roles in an industry-wide campaign calling for US legislators urging them to pass the bill. “Through these efforts and many others in our i
  • Fayat is positioned for growth
    January 6, 2017
    Market conditions are tough, according to Jean-Claude Fayat, executive managing director of the Fayat Group. He said, “From my point of view this crisis is not over. We have a slow recovery but this is a structural crisis and a new balance has to be found.” Despite the difficult conditions, the company is performing well and Fayat said, “Our group turnover is around €3.7 billion/year. We are a family group and we have never wanted to be on the stock exchange.” The European market has become less important
  • Fayat is positioned for growth
    April 18, 2013
    Market conditions are tough, according to Jean-Claude Fayat, executive managing director of the Fayat Group. He said, “From my point of view this crisis is not over. We have a slow recovery but this is a structural crisis and a new balance has to be found.” Despite the difficult conditions, the company is performing well and Fayat said, “Our group turnover is around €3.7 billion/year. We are a family group and we have never wanted to be on the stock exchange.” The European market has become less important