- 07.10.2020, 12:15:12
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- OTE0004
EANS-News: Kapsch TrafficCom fully acquires tolltickets.
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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
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Mergers - Acquisitions - Takeovers
Vienna - Since 2016, Kapsch TrafficCom has been holding a stake of 65% in
tolltickets (Germany). Effective as of October 1, 2020, Kapsch TrafficCom
acquired the remaining 35% stake for a low single-digit million price.
Tolltickets is a registered provider of the European Electronic Toll Service
(EETS). This service allows the payment of tolls in Europe through a single
contractor and with only one on-board unit. Kapsch TrafficCom already markets
such devices. Tolltickets is currently working on its certification as an EETS
provider with various toll chargers. With its toll services, the company already
covers the highway networks in France, Spain and Portugal as well as in Austria,
Hungary and Bulgaria.
The full acquisition of tolltickets emphasizes the strategic relevance of the
toll service business for Kapsch TrafficCom.
Further inquiry note:
Press Contacts:
Carolin Treichl
Executive Vice President Marketing & Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 VIENNA, AUSTRIA
T +43 50 811 1710
[email protected]
Markus Karner
Public Relations
Kapsch TrafficCom AG
Am Europlatz 2, 1120 VIENNA, AUSTRIA
T +43 50 811 1705
[email protected]
Investor Contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 VIENNA, AUSTRIA
T +43 50 811 1122
[email protected]
end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1120 Wien
phone: +43 50811 1122
FAX: +43 50811 99 1122
mail: [email protected]
WWW: www.kapschtraffic.com
ISIN: AT000KAPSCH9
indexes:
stockmarkets: Wien
language: English
ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE






