Latest Traffic Systems News

FOS Capital has completed its acquisition of Aldridge Traffic Systems, backed by a $3.7 million placement, marking a strategic expansion in the Australian lighting market.

FOS Capital has satisfied all conditions precedent for its acquisition of Aldridge Traffic Systems, moving the deal towards completion with a revised timetable for share placement.

FOS Capital is set to acquire Aldridge Traffic Systems' street lighting assets for $3.1 million, backed by a $3.7 million equity raise to fund the deal and expansion plans.

FOS Capital has secured $3.7 million through a placement to fund its acquisition of Aldridge Traffic Systems, aiming to expand its footprint in the Australian lighting market. The deal includes key assets and intellectual property, positioning FOS for accelerated growth.