TÜV SÜD Auto Service has acquired TCOPlus and its sister company, FleetVision, fleet reporting and consulting service provider, based in Belgium.

The two companies are now part of TÜV SÜD Auto Service and operate within the company’s fleet business unit alongside Fleet Logistics, TÜV SÜD’s European market-leading fleet management provider.

The two founders of TCOPlus, Bart Vanham and Hans Damen, will continue to act as managing directors, having spent a major part of their professional lives in the global automotive and fleet consulting arena. 

As a former director of PwC, Bart Vanham brings an in-depth knowledge in the highly complex world of global automotive-related tax systems to the new set-up.

Hans Damen is a former CEO of Fleet Synergy International, now Athlon Car Lease International, and brings long standing automotive finance business experience, with the ability to project it into unique applied fleet consulting and consolidated fleet reporting solutions.

TCOPlus currently holds contracts with major international clients and provides services to a combined fleet of around 120,000 vehicles, while FleetVision provides consulting services for fleet clients all over the world.

“TÜV SÜD Auto Service’s fleet business is already well established throughout Europe,” said Rainer Laber, CEO of the fleet business unit of TÜV SÜD Group.

“The dashboard tools of TCOPlus, like FleetCube, will complete our business unit’s product portfolio perfectly and will support our customers in identifying and realizing cost potentials.

But, in addition, customers will be able to simulate the impact of tax changes with the applied forecast functionality of the GreenCube, TCOPlus’ CO2 and tax modelling tool,” he said.