Skip to main content

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.

For more information on companies in this article

Related Content

  • Kistler Group plans further growth through innovation
    February 3, 2016
    With sales of US$341 million in 2015, the Switzerland-based Kistler Group overcame currency-related challenges to achieve continued growth and create some 120 new jobs around the world. The dynamic measuring technology manufacturer plans targeted investments in R&D during 2016 in order to develop innovative products and application-specific services. Kistler intends to expand its service offering by continuing to introduce application-specific service products until 2020. Innovative products will be ad
  • Almaviva completes $335m acquisition of Iteris
    November 4, 2024
    Italian group wants to expand its footprint in US
  • Cybercrime is not a remote threat for toll operations
    February 8, 2017
    The rise of cybercrime is starting to impact tolling concessions, as Colin Sowman discovers. Yahoo’s revelation that it has taken two years to discover that it had suffered a security breach resulting in hackers stealing the details of 500 million users is shocking - although the hackers only gained access to users’ names, contact details and encrypted passwords.
  • Stocchi takes on transatlantic tolling tasks
    March 20, 2017
    We talk to Emanuela Stocchi, the first overseas-based female president of IBTTA and well placed to view tolling on both sides of the Atlantic. As incoming president of the International Bridge, Tunnel and Turnpike Association (IBTTA), Emanuela Stocchi aims to bolster the ‘international, mobility and connections’ elements of the US-based tolling organisation.