Shell Group Media Line
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Dec 13, 2021
Shell Commercial Road Transport (Shell) has signed a sale and purchase agreement to acquire MS Europe BV (MSTS Tolls), a leading tolls solutions provider, from TreviPay. MSTS Tolls with its innovative product portfolio and deep tolling expertise will allow Shell to build a best in class tolling experience for customers in the European commercial road transport sector. The purchase is expected to close towards the end of 2021.
"Our customers in the European commercial road transport sector are looking for simple and integrated solutions to the challenges and opportunities the energy transition brings. Shell already has a market leading fuel card business and a competitive tolling and fleet management offer," said Izabela Jamka, General Manager Marketing & Sustainability of Shell Commercial Road Transport in Europe. "We are confident that the deep tolling expertise, technological capabilities, customer intimacy, and talent that MSTS Tolls brings will enable Shell to further enhance our offer and customer experience, resulting in a leading position in services on the road.”
"The Tolling industry in Europe is constantly evolving. MSTS Tolls innovative solutions are designed to keep pace with current and future changes ,” said Tapas Samantaray, Managing Director of MSTS Tolls. “There is significant potential for growth in the European commercial road transport sector. We are excited about the opportunity provided by Shell to help MSTS Tolls realise its full potential for our customers and employees. We are looking forward to helping Shell grow its Commercial Road Transport business and support its decarbonisation journey."
MS Europe B.V. will operate as a wholly owned subsidiary of Shell. Tapas Samantaray and the management team, leading the MSTS Tolls business for TreviPay, will continue to lead MSTS Tolls and provide the same high level of service and support to customers.
The investment in the MSTS Tolls business allows Shell to further simplify fleet management experience whilst creating synergies with existing Shell product offerings in the commercial road transport sector and as such it will further enhance Shell’s position to help the commercial road transport sector decarbonise profitably.
Shell Commercial Road Transport (CRT) is Shell’s business with a leading refuelling network, and fleet management services for heavy-duty trucks. We are investing, piloting, capturing the early demand and working with stakeholders across the sector to provide customers decarbonisation solutions for today, tomorrow and the future. The sale and purchase agreement was signed by Shell Overseas Investment, an affiliate of the Royal Dutch Shell plc, a global group of energy and petrochemical companies that aims to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible. Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.
Founded in 1987, MS Europe B.V. (MSTS Tolls) is a leading European tolls payment solutions provider and an authorized dealer for Eurovignettes. The company simplifies the complexity of the tolls landscape in 20 countries for its customers by using an innovative technological approach. MSTS Tolls is a subsidiary of Multi Service Technology Solutions, Inc. (TreviPay). TreviPay is based in Overland Park, Kansas with offices in the Netherlands, Australia, and Mexico.
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