As part of its services business development to road users ERTICO Partner Egis Projects acquires the Dutch based company Transpass.
In Europe Transpass provides services to Heavy Goods Vehicles (HGV) fleets in the following areas:
- Electronic toll collection services on behalf of almost all concessionaires and operators in Europe (TollCollect in Germany Asfinag in Austria Autostrade in Italy TIS-PL in France etc.).
- Value Added Tax (VAT) recovery for its clients wishing to recover this tax on toll roads in Europe and other associated transport services (tolls fuel etc.).
- Value-added services related to transport (ferry and train bookings distribution of fuelling cards etc.).
In 2010 Transpass collected around €100 m from a client base of 5000 professionals.
Transpass is headquartered in Dordrecht in the Netherlands and has 15 commercial offices covering 11 countries in Europe.
Rik Joosten Chief Executive Officer of Egis Projects comments: “The acquisition of Transpass by Egis Projects is part of its strategic development in road user services. This services activity complements the traditional value chain of Egis Projects in the field of electronic toll collection which includes roles such as designer integrator and operator of toll systems.”
Since 2005 Egis Projects has successfully delivered road user services to individuals and professionals in Ireland and the Philippines under the brand “Easytrip”.
Today Egis Projects manages over 1.2 million subscribers across Europe.
This acquisition strengthens the skills of Egis Projects in the field of services to road transport professionals and will enable Egis Projects to benefit from the electronic toll collection growth in Europe.
Link to original Article
http://www.ertico.com/egis-acquires-toll-collection-specialist-in-europe/
Original Publication Date: Mon 18 Jul 2011
