in-the-press

TÜV SÜD Auto Service GmbH acquires TCOPlus and FleetVision to boost Fleet Business

With effect of May 8th 2015 TÜV SÜD Auto Service GmbH acquired 100% of the shares of the globally leading companies for Consolidated Fleet Reporting, TCO Forecast Solutions and international fleet consulting: the Belgium TCOPlus and its sister company FleetVision.

The two companies are now 100% affiliates of TÜV SÜD Auto Service GmbH and operate within the Business Unit Fleet. The two founders, Mr. Bart Vanham and Mr. Hans Damen will continue to act as Managing Directors for this very successfully and well routed business. Both gentlemen have spent a major part of their professional life in the global Automotive and Fleet Consulting Business. As a former director of PriceWaterhouseCoopers Bart Van- ham brings an in-depth knowledge in the highly complex world of global automotive related tax systems into this new set up. As former CEO of Fleet Synergy International, now Athlon Car Lease International, Hans Damen connects long standing Automotive Finance Business experience with the ability to project it into unique applied fleet consulting and consolidated fleet reporting solutions.

TCOPlus holds contracts to major international clients servicing already a fleet of 120.000 vehicles, where FleetVision provides Consulting Services for its clients all over the world. The award winning solutions of TCOPlus provide global fleet owners a transparent overview about cost and other key data of their international fleet such as procurement opportunities. In addition it enables their clients to simulate local and international fleet cost reductions respecting tax systems of more than 30 countries – covering all typical fleet markets worldwide. All in all these tools provide transparency about existing fleet cost and offer realistic forecasts for the client’s stakeholders.

The fleet business of TÜV SÜD Auto Service is already well established in this industry. The Dashboard Tools of TCOPlus such as FleetCube will complete our Business Units product portfolio perfectly and will support our cus- tomers in identifying and realizing cost potentials. But in addition it enables customers to simulate tax effects with the applied forecast functionality of the GreenCube, says Rainer Laber, responsible for the Business Unit Fleet of TÜV SÜD Group. The Fleet Management Program of TÜV SÜD Auto Service supports our customers both on a local as well as international level. By having the possibility to access the global network of TÜV SÜD affiliates in more than 70 countries in the world we are highly flexible in providing our customers fleet services – locally, but also globally.

"With the background of a 150 year old certifying and testifying engineering company, TÜV SÜD stands for financial solidity and for a neutral position in this industry. Combining the DNA of both companies will provide a platform to accelerate the growth of TCOPlus and FleetVision", Hans Damen and Bart Vanham complete.

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