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

  • Easytrip appoints new board member
    May 31, 2013
    Easytrip, Ireland’s electronic tolling payment services provider, has appointed Steve Preece to its board. Steve is managing director of Egis Projects Ireland and currently holds positions on a number of Irish company boards. He will play an active part in Easytrip’s development, assist in promoting the company’s core business and give guidance to the senior management team. He will also look to ensure Egis Projects’ interests are represented and work closely with the management team to build on the exist
  • ITS solutions to keep truck traffic moving
    June 8, 2015
    David Crawford reviews freight management initiatives. Managing truck traffic to minimise its environmental impacts, without adversely impacting on its critical economic role, continues to drive ITS-based solutions in both urban and interurban contexts.
  • When weather warnings get hyperlocal
    August 24, 2016
    David Crawford looks at new technologies to cope with the age-old problem of driving in bad weather. On the 10-year average, between 2005 and 2014 bad weather contributed to more than 1.5 million vehicle crashes in the US each year, resulting in more than 800,000 injuries and 7,400 deaths. These were the findings of analysis by Booz Allen Hamilton of NHTSA data which concluded that the loss of life, hospital treatment and damage to assets costs an annual average of $42bn.
  • Hub Parking Technology expands into Latin America
    November 19, 2014
    Hub Parking Technology has appointed John Lovell as the new managing director and CEO of its North American companies, Hub Parking Technology USA and Hub Parking Technology Canada. Robert Kempton, the current CEO of Hub USA is to become the general manager of the new Hub Latin American region. Kempton has 38 years of industry experience and has held a number of senior management positions, most recently as CEO of ZEAG North America and then of ZEAG Canada, which has been part of Hub Parking Technolog