Volkswagen Financial Services acquires majority shares in Utrecht-based Truck Parking Europe

Volkswagen Financial Services acquires majority shares in Utrecht-based Truck Parking Europe

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In a recent development, Volkswagen Financial Services AG (VWFS) has announced the acquisition of majority share of Utrecht based Truck Parking Europe ( 75.1%).

This move comes as an attempt to further expand the leading market position of Europe’s largest service and booking platform for (safe) parking places for trucks.

Available on Android, iOS and web, Truck Parking Europe offers various services for truck drivers, planners, dispatchers, as well as parking operators. This includes filtering and finding (secure) truck parking locations, the consideration of parking stops in route planning, connecting with fellow truck drivers, the possibility to claim and market secure truck parking locations and to book and pay parking locations online.

With the acquisition of Truck Parking Europe, we can perfectly complement our existing activities in the field of transportation and further enhance our service offerings right away,” says Gerhard Künne General Manager at Mobility Unit at VWFS about the investment.

Established four years ago, Truck Parking Europe is a subsidiary of PTV Planung Transport Verkehr AG – to the international PTV corporate group. This platform provides information on 34.000 truck parking locations throughout Europe.

In this way, we contribute to making the drivers’ working environment safer while reducing traffic searching for parking spaces. Moreover, we help reduce cargo theft and improve plan-ning efficiency for logistics planners and dispatchers,” says Niels de Zwaan, Managing Director of PTV Truckparking B.V.

Vincent Kobesen, CEO of the PTV Group, adds: “The transaction is a milestone in the short, but very successful company history of Truck Parking Europe. In the future, we will provide its functionalities as added value integrated into our route planning software and assist the company positively with further market development.”

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