LeasePlan Netherlands has sold its fuel card business, Travelcard, to Fleetcor Technologies.
Fleetcor is an independent global provider of fuel cards and is the parent company of Allstar, Keyfuels, The Fuelcard Company and Epyx in the UK.
Travelcard has more than 295,000 fuel cards and is the only independent fuel card provider in the Netherlands, with its universal fuel card accepted at all fuel stations across the country, as well as at more than 1,500 stations in Belgium and Luxembourg.
In the Netherlands, the card can also be used to pay for other services such as charging of electric and hybrid cars, parking, car wash, maintenance and roadside assistance.
Fleetcor said that it will honour existing commitments to Travelcard staff and ensure continuity for current clients using a Travelcard fuel card.
Financial details of the transaction have not been disclosed.