Altus Group Agrees to Acquire ProTraffic and Road Safe Traffic Management in NZ

Altus Group Holdings (Altus) is pleased to confirm that it has agreed to acquire 100% of the shares of New Zealand Traffic Management Companies ProTraffic and Road Safe, each fantastic businesses on the East Coast of New Zealand’s North Island. 

These transactions will see Altus build on its key strategic objective of expanding its presence in the New Zealand market in a material way, providing additional capability and geographic coverage across the North Island. These are the 7th and 8th acquisitions of the Group to date. This transaction will see Altus Group build unparalleled capacity to service our customers growing needs across Australia and New Zealand. Our aim is, and has always been, to create the safest and most efficient work zones for our people, customers and communities. ProTraffic and Road Safe are businesses filled with incredible people, and we are delighted to have the opportunity to work with their teams over the coming years to continue to expand their business and create some fantastic growth stories for the people involved. 

Altus Group CEO Ben Marsonet said, “ProTraffic and Road Safe are outstanding businesses with a strong track record of regional growth and a reputation for delivering safe and efficient work zones across the East Coast of NZ. With these companies now part of the Altus Group’s New Zealand operations, our business employs 5500+ staff, operates a fleet of 3200+ vehicles and services 55+ local communities across Australia and New Zealand.  

We are delighted to have the opportunity to work with both ProTraffic and Road Safe to help them achieve their full potential through the deployment of new operating systems and technologies whilst making significant investments to grow their capacity across their regions.”