Fleet News

Abax acquires Dutch fleet management company Trevler

Abax has acquired Dutch fleet management company Trevler.

The Norwegian-owned company, which launched in the UK in 2012, develops products to support businesses and individuals who use a vehicle at work. These products include fleet management software, mileage capture technology and equipment monitoring devices.

Trevler employs six people with a head office in Beverwi, Holland.

With a turnover of £23.5 million in 2014, Abax employs around 200 people at its offices in Norway, Sweden, Denmark, Finland and the UK.

Abax chief executive Peter Quinsgard said: "By attracting Trevler we have every confidence to grow into the biggest provider of vehicle solutions in the Netherlands. We are looking to rival companies like TomTom, and with the acquisition of Trevler we now own more than a quarter of the Dutch market. We look forward to the new journey for Abax in the Netherlands."

Abax's UK office is going from strength to strength with the number of employees at its Peterborough base doubling since the start of the year.

UK Managing Director Frank Ystenes said: "Abax has always been a forward thinking, dynamic company. Our presence in the Dutch market will help support Abax's growth ambitions in the UK which has recently seen us secure a large contract with an engineering company."

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