B2B platform for on-the-road payments and solutions, DKV, is acquiring a majority stake in tolltickets GmbH, a certified provider of European toll solutions headquartered in Rosenheim, Germany. Through this acquisition, DKV Mobility expands its European toll business and gains access to Tolltickets’ platform for the European Electronic Toll Service (EETS). EETS is the Europe-wide standard that allows road tolls in many countries to be settled with a single on-board unit. DKV Mobility is acquiring the shares from Kapsch TrafficCom AG, which will retain a minority stake in the company. Tolltickets will continue to operate as an independent company.
Sebastian Klauke, CEO of DKV Mobility, says:
“Our toll business is a key building block of our integrated mobility platform. With a majority stake in Tolltickets, we are securing a strong long-term position in the European EETS market, gaining greater scope to actively shape its development, and consistently continuing our growth course.”
DKV Mobility is expanding its position as an integrated mobility platform, giving customers access to essential fleet-related services across Europe from a single source. Its toll business is one of the strategic core areas of this platform.
Georg Kapsch, CEO of Kapsch TrafficCom AG, says: “For over a decade, we have been invested in Tolltickets and watched it grow remarkably. DKV Mobility is exactly the right partner to take the company to the next level, combining Tolltickets’ technology with the scale needed to grow across Europe. We remain committed to supporting its continued success.”
Jérôme Lejeune, Managing Director at DKV Mobility responsible for Toll & Refund Services, adds: “We have been working successfully with Tolltickets as a sales partner for many years. With this strategic partnership, we are now taking the next step and deepening our collaboration in the European toll business. Our customers will benefit from this step as we will be able to provide our toll solutions across Europe even more reliably and flexibly in the future.”
Quentin Couret, Managing Director of Tolltickets, comments:
“With DKV Mobility, we are strengthening a partnership that has been built over many years – bringing together our experience in the toll business and their large, Europe-wide customer base. As an independent company, this gives us the momentum we need to keep growing and to make our technology accessible to even more customers.”
Tolltickets was founded in 2007, is headquartered in Rosenheim, Germany, and employs around 60 people. The company is one of the leading certified EETS providers. Tolltickets offers its own on-board units as well as vignettes and gives customers access to toll systems in 15 European countries through a single solution. More than 100,000 vehicles are managed via its platform. The company serves both business customers and private customers through its online shop.
The closing of transaction is subject to regulatory approval and is expected until the end of the year.
