AVS Verkehrssicherung acquires KMK Projekts
Kürten (Germany) / Riga (Latvia), 2 August 2018 – AVS Verkehrssicherung, a Triton Fund IV company, has acquired KMK Projekts is a leading provider of traffic safety products and permanent road marking in Latvia. The purchase price has not been disclosed.
Founded in 1994, KMK Projekts provides and installs crash barrier systems and offers horizontal road marking, both on urban roads and highways. In addition, KMK Projekts designs and plans permanent traffic flow and temporary traffic organization solutions. The Company’s clients include both public authorities and municipalities as well as private companies and individuals. Headquarter in Riga, KMK Projekts is a member of Latvian road construction companies’ association (Latvijas Ceļinieku Asociācija).Through this acquisition, AVS Verkehrssicherung will further strengthen its footprint in Europe.
About AVS Verkehrssicherung
AVS Verkehrssicherung is a leading specialist provider of highway traffic safety services in Germany. The Company, headquartered in Kuerten, offers all essential services throughout highway traffic-safety projects. These services range from initial planning and obtaining permits to complete construction site setup and security. AVS has a nationwide presence with 14 locations across Germany and around 500 employees.
For further information: http://www.avs-verkehrssicherung.de
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 35 companies currently in Triton's portfolio have combined sales of around €13 billion and around 87,000 employees.
The Triton funds are advised by dedicated teams of professionals based in Germany, Sweden, Norway, Finland, Denmark, Italy, the United Kingdom, the United States, China, Luxembourg and Jersey.
For further information: www.triton-partners.com