Skip to main content

Vinci completes TollPlus buy

Highways group acquires remaining 70% of tolling software and back-office firm
By Adam Hill April 8, 2022 Read time: 1 min
TollPlus buy makes Vinci an immediate player in ETC market

Vinci Highways has completed its acquisition of toll back-office systems specialist TollPlus.       
 
The French group bought the remaining 70% stake it did not already hold in TollPlus, gaining it immediate entry to the burgeoning electronic toll collection (ETC) market.

A subsidiary of Vinci Concessions, it has held a 30% stake in TollPlus for the past six years and has been developing its free-flow tolling interests in the US (Texas and California), Ireland and India.

“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," says Belen Marcos, executive VP of Vinci Concessions and president of Vinci Highways.

For more information on companies in this article

Related Content

  • Trafi bringing MaaS to Solent
    October 27, 2021
    Region along south coast of England wants to unify transport available on Unicard
  • Home based real time travel information drives reduction in car use
    January 20, 2012
    David Crawford investigates a new approach to discouraging car use - the 'kitchen as travel centre'. ITS technology working together with UK planning legislation is driving an innovative 'kitchen as travel centre' approach to home design which is boosting public transport as an alternative to car use. The combination is already proving powerful enough to assuage environmentalist opposition to major urban developments. It is also being seen as a way of delivering wider social and community benefits inside an
  • Laura Chace named as ITS America CEO
    August 17, 2021
    Current chief operating operator replaces Shailen Bhatt and will take up top job on 30 August
  • Awards finalists for 2024
    April 16, 2024
    The wait is over! This morning, at the end of the official opening of Intertraffic Amsterdam 2024 from 08:30 to 10:15 in Intertraffic Summit Theatre 1, the winners of the Intertraffic Awards will be announced. The three Intertraffic Awards up for grabs are: the Green Globe Award, which symbolises innovation that delivers significant environmental benefits; the Inspiration Award, which highlights groundbreaking products inspiring the industry in new directions; and the User Experience Award, which recognises excellence in control systems for the end user. There are five nominees in each of the three categories, representing mobility solutions manufacturers from 11 different countries.