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Jenoptik acquires ITS business from FIMA to strengthen Baltic presence
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Jenoptik acquires ITS business from FIMA to strengthen Baltic presence
Jenoptik Smart Mobility Solutions has acquired the intelligent transportation systems (ITS) business of FIMA, its long-term partner in the Baltic region, with the transaction completed on 2 March 2026. The acquired business, headquartered in Vilnius, Lithuania, brings with it operations across Latvia and Estonia and will function primarily as a regional sales, service and project management hub. Financial terms of the deal were not disclosed. …
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