American Industrial Acquisition Corporation agreed to acquire Road Signs Business Unit of LACROIX Group SA on March 18, 2024. The Road Signs Business Unit has a total revenue of ?59 million in 2023. This transaction should be effective in the second quarter of 2024, subject to approval by the relevant authorities.

American Industrial Acquisition Corporation completed the acquisition of Road Signs Business Unit of LACROIX Group SA on May 1, 2024. The transaction is completed following its obtaining formal union and anti-trust approval.