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SOCIETEX CORPORATE FINANCE advised the Sweden-based company TAGMASTER for the acquisition of MAGSYS.

Magsys was established in 2003 and is the leading added value ITS (intelligent transportation solutions) distributor in France with a strong foothold in vehicle counting, travel time management and on-street parking monitoring. Magsys are selling towards the French road administrations in cities, departments and to highways (toll roads).

TagMaster is the leading supplier of advanced RFID, Infomobility and ANPR cameras for vehicle identification within Traffic and Rail solutions.

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