Shell Commercial Road Transport has signed a sale and purchase agreement to acquire tolling solution provider MS Europe BV (MSTS Tolls) from TreviPay.
Shell said the acquisition would enable it to “build a best-in-class tolling experience for customers in the European road transport sector” by further simplifying the fleet management experience and creating synergies with existing Shell product offerings, helping the sector decarbonise profitably.
“Our customers in the European commercial road transport sector are looking for simple and integrated solutions to the challenges and opportunities the energy transition brings,” said Izabela Jamka, general manager, marketing and sustainability, Shell Commercial Road Transport in Europe.
“Shell already has a market-leading fuel card business and a competitive tolling and fleet management offer and we are confident that the deep tolling expertise, technological capabilities, customer intimacy, and talent that MSTS Tolls brings will enable Shell to further enhance its offer and customer experience, resulting in a leading position in services on the road.”
Under the terms of the acquisition, MS Europe BV will operate as a wholly owned subsidiary of Shell and Tapas Samantaray, managing director of MSTS Tolls, will continue to lead the company.
“There is significant potential for growth in the European commercial road transport sector,” said Samantaray. “We are excited about the opportunity provided by Shell to help MSTS Tolls realise its full potential for our customers and employees.
“We are looking forward to helping Shell grow its commercial road transport business and support its decarbonisation journey.”
You can learn more about the key trends and challenges affecting senior decision-makers who have responsibility for tolling, intelligent transportation systems and road pricing at the 19th annual Road User Charging Conference in Brussels, Belgium on 04-05 May 2022. Visit www.roaduserchargingconference.co.uk for more information.