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Shell acquires 15-percent stake in toll service provider Toll4Europe

-Joint venture brings Europe-wide toll box into trucks
-Acquisition is subject to competition clearance


WEBWIRE

Movement in the European toll market: euroShell Cards B.V. with headquarter in Rotterdam, a company of the Shell Group, acquires 15 percent of the European Toll4Europe - a so-called EETS (Electronic European Toll Service) provider. euroShell will thereby also become one of the sales partners for Toll4Europe’s toll payment services.

Toll4Europe wants to make it easier for transport or logistics customers with heavy goods vehicles on the European road network: A universal Toll4Europe toll box and a contract with one supplier will enable fast track payment for road, bridge and tunnels tolls across multiple countries.

Formed in 2017, Toll4Europe GmbH with headquarter in Berlin is a joint venture between T-Systems International GmbH, Daimler AG and DKV Euro Service GmbH + Co KG. Following euroShell’s 15-percent-acquisition, T-Systems (subsidiary of Deutsche Telekom AG) will continue to lead the venture and hold 55 percent of the shares. The Telekom partners Daimler, DKV and euroShell each hold 15 percent of the shares in the company, thus strengthening the consortium. The acquisition of the shares by euroShell is subject to competition clearance.

Katya Atanasova, Shell Vice President Fleet Solutions, said: “By joining Toll4Europe we will be able to offer our euroShell card customers a  technology that enables digital toll payments and mobility services across all EU countries”.

EU: National toll systems must work together

The legal framework for the development of European toll box solution is the EETS directive. The directive applies in principle to all EU states that have introduced or are planning to introduce an electronic truck toll system. It obliges toll operators to ensure interoperability - various toll systems in the various countries must be able to work together. Germany transposed this directive into national law in 2014 through the Toll System Act. 

Daimler at a Glance
Daimler AG is one of the world’s most successful automotive companies.
With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world’s biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides financing, leasing, fleet management, insurance, financial investments, credit cards, and innovative mobility services. The company’s founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886.
As a pioneer of automotive engineering, it is a motivation and commitment of Daimler to shape safely and sustainably the future of mobility: The Group’s focus is on innovative and green technologies as well as on safe and superior automobiles that appeal and fascinate. Daimler consequently invests in the development of efficient drive trains with the long-term goal of locally emission-free driving: from hightech combustion engines about hybrid vehicles to electric drive trains powered by battery or fuel cell. Furthermore, the company follows a consistent path towards intelligent connectivity of its vehicles, autonomous driving and new mobility concepts. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment. Daimler sells its vehicles and services in nearly all the countries of the world and has production facilities in Europe, North and South America, Asia, and Africa. Its current brand portfolio includes,in addition to the world’s most valuable premium automotive brand, Mercedes-Benz (Source: Interbrand-Study „The Anatomy of Growth“, 10/5/2016), as well as Mercedes-AMG, Mercedes-Maybach and Mercedes me, the brands smart, EQ, Freightliner, Western Star, BharatBenz, FUSO, Setra and Thomas Built Buses, and Daimler Financial Services’ brands: Mercedes-Benz Bank, Mercedes-Benz Financial Services, Daimler Truck Financial, moovel, car2go and mytaxi. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In 2017, the Group sold around 3.3 million vehicles and employed a workforce of more than 289,300 people; revenue totalled €164.3 billion and EBIT amounted to €14.7 billion.

DKV Euro Service has been one of the leading mobility service providers for the logistics and transport industry for over 80 years. DKV offers a comprehensive range of services for the optimization and control of commercial vehicle fleets throughout Europe, from cashless on-the-road supply at over 70,000 cross-brand acceptance points to toll invoicing and VAT refunds. DKV is part of the DKV MOBILITY SERVICES Group with around 930 employees. In 2017, the group generated sales turnover of EUR 7.2 billion and was active in 42 countries. More than 3.1 million DKV CARDs and on-board units are currently in use with around 170,000 customers. In 2018, DKV CARD was awarded best brand in the fuel and service card category for the 14th time in a row.

euroShell Cards B.V. 
euroShell Cards B.V., a subsidiary of Royal Dutch Shell Plc, serves Shell’s Fleet Solutions business that provides digital mobility services and fleet management solutions to business customers. With the “Shell Card” fuel card, professional drivers and fleet managers get access to a range of "on- and off-the-road” services and more than 44,000 Shell service stations and further partner service stations globally. More information on www.shell.de/geschaefts-und-privatkunden/shell-card


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