Hill & Smith is buying Swedish firm ATA for SEK 100 million (£9.8 million).
Hill & Smith is buying Swedish firm ATA for SEK 100 million (£9.8 million). The transaction has been financed from Hill & Smith's existing bank facilities. Formed in 1967, ATA is a family owned, distributor of road safety barriers and manufacturer and distributor of road signage, to the infrastructure market in Sweden. The business operates from four depot locations in Sweden and has headquarters in Stockholm. ATA's product portfolio comprises permanent road safety barriers, a temporary road safety barrier rental fleet, crash cushions and road signs, including variable message signing. ATA's temporary road safety barrier rental model is similar to that of Hill & Smith's "Varioguard" product in the UK and offers further opportunity to increase our representation in the road maintenance market, as well as providing additional utilisation capacity for our existing rental fleet.
