Wolters Kluwer Transport Services acquires Transics’ TMS division (TAS)
Ypres/Brussels, Wolters Kluwer Transport Services, a leading global provider of collaborative and networked solutions to help transport and logistic professionals achieve real time efficiency and profitability, today announced the acquisition of Transics International NV’s Transport Management System (TMS) solution, TAS. Transics International NV is the high-end fleet management solution provider for the transport and logistics sector.
For Wolters Kluwer Transport Services, part of Wolters Kluwer’s Financial & Compliance Services division, TAS is a logical extension of its Teleroute, Tivios and Transwide solutions, which are tailored to the needs of the transport and logistics sector. The sale of the TAS business unit allows Transics to focus on its core business, while Wolters Kluwer Transport Service acquires an attractive customer base and a rich solution which completes its unique offering to the European transport & logistics market.
TAS is highly scalable TMS software that supports transport and logistics companies in every step of their administrative process for transport order management. For many years now, over 300 TAS customers in Belgium and Luxemburg benefit from this rich solution tailored to their needs. Through this acquisition, these customers will gain the added value in the unique combination of TAS with Teleroute, Tivios and Transwide.
“TAS perfectly complements our existing portfolio and together with Tivios confirms our drive to provide the carrier market with a complete customer validated offer. It is a powerful, user-friendly solution that truly integrates best practices from our sector. We welcome a great team and an important customer base,“ said Raimundo Diaz, Wolters Kluwer Transport Services’ CEO. “We’re committed to developing it further and integrating it into our unique product portfolio.”
“Just like Transics, Wolters Kluwer Transport Services is dedicated to developing products that help carriers optimize their efficiency and profitability. We’re pleased that our ‘brain child’ TAS will now flourish under the wings of this market leader, which will undoubtedly add value to TAS,” Walter Mastelinck, CEO of Transics added. “For us, the acquisition is a good opportunity as it will allow us to fully focus on our core business, high-end fleet management software and hardware for the transport and logistics sector. In the meantime, the cooperation with Wolters Kluwer Transport Services might offer new growth opportunities for both of us.”
Wolters Kluwer pays €3.5 million for Transics’ TMS business.
About Wolters Kluwer Financial & Compliance Services
Wolters Kluwer Financial & Compliance Services is a division of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2010) €3.6 billion ($4.7 billion) and approximately 19,000 employees worldwide. The Financial & Compliance Services division consists of businesses that help organizations across a broad range of industries manage risk and ensure compliance.
About Transics International NV
Established in 1991, Transics International NV develops and commercializes high-end fleet management solutions for the transport and logistic sector. Thanks to many years of experience, thorough R&D efforts and an intensive focus on the customer experience, Transics has become the leading European player in its market. Headquartered in Ypres (Belgium), Transics is active throughout Europe. The company has been quoted on the stock exchange (Euronext Brussels) since June 2007.
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