Locus Informatik sold to Trapeze Group

Press release Trapeze Group:

Trapeze Group expands its product range with the purchase of Locus Informatik.

Århus, March 23, 2010. Today, Trapeze Group Europe A/S announces that the company will take over Locus Informatik in Brøndby, Denmark as of March 1, 2010. This purchase brings Trapeze Group one large step closer to the goal of offering public and private operators of public traffic and demand response transportation its 360 degree solutions.      

 Locus Informatik is the market leader in Scandinavia within systems for ticketing and travel card transactions as well as passenger self-service. Their solutions are sold to public authorities and transportation companies, e.g. the Kvik card on the Danish island Funen and Uddannelseskort.dk.               

“Locus Informatik has developed leading industry solutions that complement our current product range for primarily the Scandinavian market”, says Mr. Klavs Vejlang, CEO of Trapeze Group Europe. “We view this acquisition as greatly beneficial for both companies and we see the purchase as a joint strategic approach”.

Mr. Jørgen Ole Kjær, Director of Locus Informatik, expresses great satisfaction in becoming part of Trapeze Group. “Trapeze contributes with great experience within the transportation sector and we look forward to becoming part of a growing organisation with global experience. We expect that this partnership will allow for an even more extensive marketing of our products internationally.”                       

Trapeze Group Europe develops IT solutions for planning, administration and operation of public transport and demand response transport, for resource planning and for regular and ad hoc service of freight rail transportation.

 

About Locus

Locus is a well-established Nordic System Integrator with a head office located in Sandefjord, Norway. Sandefjord is at the heart of an attractive residential area, popular also among holiday makers, with excellent connections to several major cities in Europe. Locus also has offices located in Stockholm, Gothenburg, Copenhagen and Aarhus. Locus was founded in 1991 and it all started with development of a traffic information system for Volvo. 18 years later core business is still different systems related to traffic, transport and logistics.

In the last few years, Locus has experienced major growth both in terms of the number of customers and total employees. At the moment the company counts more than 100 highly qualified employees. The major shareholder CapMan became owner of the company in 2004. Their stated ambition is to establish the company as a major player in the Nordic arena. This goal will be attained through mergers and acquisitions.