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.