AVS Verkehrssicherung acquires Verkehrssicherungen Plank
Kürten / Remseck am Neckar (both Germany), October 2nd, 2018 – AVS Verkehrssicherung (AVS), a Triton Fund IV company, has acquired Verkehrssicherungen Plank GmbH (Plank) located in Remseck am Neckar, a provider of services for traffic and building sites safety. The purchase price has not been disclosed.
Verkehrssicherungen Plank GmbH was founded in 1998 and offers services in the areas of traffic and building sites safety in the Stuttgart region and across Germany. In 2012 the company was the first one in Germany to be certified by StrAus-Zert for the general protection of work places. The projects comprise traffic security services for the extension of City Traffic Lines, securing large areas for events such as concerts, church conventions, sport events among others. This transaction will further strengthen AVS Verkehrsicherung’s presence in Germany and its core regions.
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 €12.7 billion and around 82,000 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 more information: www.triton-partners.com