3M to sell its tolling and ANPR business

3M has entered into agreements to sell its tolling and automated license/number plate recognition business, which is part of 3M’s Traffic Safety and Security Division, to Neology, a provider of integrated solutions for tolling, electronic vehicle registration and public safety applications. Neology is a subsidiary of Smartrac, a portfolio company managed by One Equity Partners, a middle-market private equity firm. 3M’s tolling solutions include RFID readers and tags, automatic vehicle classification systems
May 12, 2017 Read time: 1 min
4080 3M has entered into agreements to sell its tolling and automated license/number plate recognition business, which is part of 3M’s Traffic Safety and Security Division, to 8297 Neology, a provider of integrated solutions for tolling, electronic vehicle registration and public safety applications. Neology is a subsidiary of 6370 Smartrac, a portfolio company managed by One Equity Partners, a middle-market private equity firm.


3M’s tolling solutions include RFID readers and tags, automatic vehicle classification systems, lane controller and host software, and back office software and services. It also provides mobile and fixed cameras, software and services in automated license/number plate recognition. The business has annual global sales of approximately US$40 million.

Detection, Monitoring & Machine Vision Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Vitronic enforcement technology for French truck toll system
    June 25, 2012
    German company Vitronic has been selected by Thales Group to supply key components for all fixed enforcement gantries for the nationwide truck charging system to be implemented on 15,000km of French roads. The multi-million euro contract is part of the prestigious Ecotaxe project, a distance based charge for trucks. From mid-2013 onwards, all vehicles over 3.5 tons in weight will have to pay a tax on national roads with the fee being collected by means of an onboard GPS satellite system. Vitronic has been s
    Read More
  • Tolling system interoperability gains momentum
    August 14, 2012
    Efforts to advance national interoperability for tolling systems are gaining momentum, with one protocol promoted by a key operator group emerging as a candidate to form the basis for full AVI interoperability, Tim McGuckin writes. Fuelled by a growing awareness and acceptance of standards-based solutions, the US toll community is quickening towards the goal of interoperability between toll systems across the US. Over 20 years since the advent of electronic toll collection (ETC), key elements are falling in
    Read More
  • Mobile communications could revolutionise traffic management
    February 1, 2012
    Rudolf Mietzner looks at how machine-to-machine technologies and applications will affect the automotive sector in the coming years
    Read More
  • APT Controls changes name to Swarco UK
    May 24, 2018
    APT Controls will rebrand as Swarco UK from 1 June. Swarco acquired APT in 2014. Sean Dunstan, head of the company’s parking and e-mobility division, says: “By centralising group services such as finance, IT and HR and consolidating investments in research and development and health and safety, we can ultimately offer a better service to our customers.”
    Read More

Highlighted Content