Vinci Highways has completed its acquisition of toll back-office systems specialist TollPlus.
The French group, which had held a 30% stake in TollPlus for the past six years, bought the remaining 70% of TollPlus as a move into the fast-growing electronic toll collection market.
Vinci Highways, a subsidiary of Vinci Concessions, has been developing its free-flow tolling interests in the USA – especially Texas and California – as well as in Ireland and India.
Vinci Highways designs, finances, builds and operates motorways, bridges, tunnels, urban roads and mobility services along more than 4,000km in 16 countries.
“With this acquisition, Vinci Highways benefits from one of the best back-office technologies on the market, and sustains its strategy of developing free-flow highways in the US, projects for which back-office software expertise is essential,” said Belen Marcos, executive vice president of Vinci Concessions and president of Vinci Highways.
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.