Carnegie acted as exclusive adviser to FDE in the acquisition of Vialtis SARL, a European expert in road services based in southern France.
FDE is a subsidiary to the trade association for the Danish road transport of goods, ITD, and has spent more than 30 years developing targeted service solutions for the transport sector and fleet operators. The company had a profit of DKK 111 million in 2011.
FDE will acquire 80% of Vialtis’ assets, while the remaining 20% will remain with current owner Viatrans. The companies complement each other well in terms of their focus on transfer of payment to the European road net and international VAT recovery. Where VAT recovery is the largest business for FDE, the opposite is the case for Vialtis.