GATAS was established in 2008 and delivers road marking, and road safety equipment installation and maintenance services in the Lithuanian market.
"I want to extend a warm welcome to the employees of GATAS as they join Saferoad. GATAS has built a remarkable reputation for excellence in road safety business in Lithuania. By joining forces, we are combining our strengths and further expanding Saferoad’s international presence", says Bernd Frühwald, CEO of Saferoad Group.
"Our shared values and dedication to customer-centric solutions make this an exciting partnership. The talented team at Saferoad brings a wealth of expertise and experience that will complement and enhance GATAS’ existing capabilities and significantly contribute to the improved road safety in Lithuania", says Ingrida Aleksonė, CEO of GATAS.
The finalization of the acquisition is contingent upon approvals from the Lithuanian Competition Council and the Commission for Coordination of Protection of Objects of Importance to Ensuring National Security.
