Sensys Gatso Group transfers its business operations to the wholly owned subsidiary Sensys International

05/12/2016 - With the purpose of achieving a clearer legal and fiscal structure within the group, Sensys Gatso Group AB has decided to transfer its business operations to the wholly owned subsidiary Sensys International AB.

This transfer comprises contracts, material rights and intellectual property rights attributable to the operations. Torbjörn Sandberg will remain CEO and employee of Sensys Gatso Group AB. Helena Claesson is appointed CEO of Sensys International AB. Following the transfer of business operations, Sensys Gatso Group AB will function as a holding company for the rest of the group. The change does not affect the group’s operations, financial reporting or other information disclosure to the market. Upon completion of union negotiations, the transfer of business operations will be carried out on 1 January 2017.

This information was submitted via the above contact person for publication on 5 December 2016 at 11.00.

 Release

For further information:
Torbjörn Sandberg
M +46 768 434 376
E t.sandberg@sensysgatso.com

Sensys Gatso is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso has subsidiaries in Australia, Germany, the Netherlands, Sweden, and the USA, and a branch office in the United Arab Emirates. The Sensys Gatso Group’s shares are listed at NASDAQ Stockholm. The Group has 202 employees and is the result of a merger of Sensys Traffic AB and Gatso Beheer B.V. following Sensys Traffic’s acquisition of Gatso Beheer.

 

Published: 05/12/2016