Q-Free ASA has agreed to purchase 70 % of the shares of Dacolian BV.

“The acquisition strengthens Q-Free's position as a leading company within the road user charging market. Through this acquisition Q-Free can offer a broader range of solutions and competence to its clients”, comments Dr. Øyvind Isaksen, CEO of Q-Free ASA. Isaksen continues, “the acquisition will also represents Q-Free’s first step in addressing a broader market within Intelligent Transport System (ITS) as Dacolian today also utilize their solution for other applications such as travel time estimation, access control, law enforcement and surveillance.”

The present General Manager of Dacolian B.V. Dr. Jos Nijhuis will continue as General Manager after the acquisition. “We are looking forward to be an integrated part of a larger world-wide company facilitating both better market reach and new innovative common solutions,” comments Dr. Jos Nijhuis.

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