Vinci acquires a stake in ETC supplier TollPlus

Paris-based global toll roads concession and construction company Vinci has taken an unspecified strategic stake in TollPlus, the Phoenix-based developer of electronic toll collection systems, through its Vinci Highways US subsidiary.
September 16, 2016 Read time: 1 min

Paris-based global toll roads concession and construction company 5176 Vinci has taken an unspecified strategic stake in TollPlus, the Phoenix-based developer of electronic toll collection systems, through its Vinci Highways US subsidiary.

TollPlus, already active in the USA, currently deploys its transaction management system across almost 350 toll plazas in India.

According to Vinci, the acquisition is intended to support the growth of TollPlus and strengthen its own positions in the ETC market, which it believes is set to grow sharply in the USA, Latin America, Europe and Asia.

5938 Cofiroute USA, Vinci Highways' and TollPlus have developed a working relationship in back-office services for ETC.

Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Confidex expands in Latin America
    June 22, 2012
    Finland-headquartered RFID technology specialist Confidex has opened an office in São Paulo, Brazil, to be closer to the Latin American market where the company has already built up an extensive partner network and is engaged with key players in the industry to provide solutions for large deployments across the continent. Confidex centralises its R&D activities in Finland and already has offices across Western Europe, the US, India and China.
    Read More
  • Major growth for fleet management systems in the Americas
    May 17, 2012
    According to a new research report from the analyst firm Berg Insight, the number of fleet management systems deployed in commercial vehicle fleets in North America was 2.1 million in Q4-2010. Growing at a compound annual growth rate (CAGR) of 12.6 per cent, this number is expected to reach 3.8 million by 2015. In Latin America, the number of installed fleet management systems is expected to increase from 0.9 million in Q4-2010, growing at a CAGR of 20.6 per cent to reach 2.3 million in 2015.
    Read More
  • Indra to upgrade toll road in Ireland
    July 15, 2016
    Celtic Roads Group (Dundalk) has awarded Indra a contract valued at US$4 million (€3.6 million) to renew the toll system on the M1 motorway in Ireland, which connects Dublin to the border of Northern Ireland. Indra upgraded the toll systems on this highway in 2004 and extended the systems to new high-speed roads in 2009. The company is also responsible for the maintenance of the systems. Under the new contract, Indra will upgrade the road infrastructure and the back-office system of the M1 mainline a
    Read More
  • Weigh in motion technology aids overweight vehicle reduction
    March 16, 2012
    Innovative use of truck weighing technology is growing as strategies aimed at reducing numbers of overweight vehicles gather momentum. Business is generally good at present in the truck weighing sector in general, and weigh-in-motion (WIM) technology in particular, according to leading suppliers of systems serving to help reduce overloading. Strategies aimed at deterring excessive truck loading – cutting damage to road networks and risks to safety – vary considerably worldwide, with some governments draggin
    Read More

Highlighted Content