Egis Projects acquires Transpass

France-headquartered 533 EGIS Projects has announced the acquisition of Dutch-based company 1807 Transpass which provides services to European heavy goods vehicle (HGV) fleets in electronic toll collection services on behalf of almost all concessionaires and operators in Europe (485 Toll Collect in Germany, 750 ASFINAG in Austria, 1813 Autostrade in Italy, 1810 TIS-PL in France, etc.). Transpass also provides services for VAT recovery of tolls and fuel, as well as value added services relating to transport, such as ferry and train bookings, distribution of fuelling cards, etc. Last year, the company collected around €100 millon from a client base of 5,000 professionals.

According to Rik Joosten, CEO of Egis Projects, the acquisition of Transpass is part of a 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,” he said, adding that the .acquisition will also enable Egis Projects to benefit from the electronic toll collection growth in Europe.