Shiftmove Buying French Fleet Management Company Optimum Automotive

By Amit Chowdhry ● Oct 15, 2024

Shiftmove – a German-Swiss platform for fleet management software – announced today it is acquiring the French digital fleet management platform Optimum Automotive. The deal will enable Shiftmove – which was created in 2023 from the merger of the two fleet management market leaders Avrios and Vimcar – to expand into France.

Optimum Automotive mostly operates in France, Portugal, Spain, and Africa. And the company has 107 employees, 7,500 customers and 200,000 vehicles under management.

The two companies together employ over 350 people and support more than 18,000 corporate customers with more than 550,000 vehicles under management. And users of the software solutions come for example from industries such as construction, technical support, healthcare, production and administration.

The deal is a strong signal of consolidation and digitalization of the European fleet and mobility management market.

Shiftmove’s combination of software and telematics solutions enable small and medium-sized companies as well as large companies, like Hotpoint UK Appliances, Actavo, All Saved, DB Schenker, McMakler, and flaschenpost.de, to manage their vehicle fleets more economically and decisively drive the transformation to low-emission mobility.

By automating previously time-consuming and manual processes and carrying out detailed data analyses, companies can use modern software solutions to save costs and resources and plan the switch to alternative drive types in a targeted manner.

KEY QUOTES:

“We have the clear vision that more than one million vehicles will be managed via our cloud-based software solutions by 2027.”

“The pressure on companies is growing enormously: increasingly stricter sustainability regulations and sharply rising costs for fuel, insurance and repairs require rapid action. With a powerful combination of top-edge software and telematics we are making the management of vehicle fleets as simple and efficient as possible, helping companies to increase their competitiveness and meet their sustainability goals.”

“With more than 10 million commercial vehicles, France is the largest fleet market in Europe. The digitalization potential of the industry is immense. Only one in three European companies currently uses fleet management software to manage their own vehicle fleet.”

  • Francine Gervazio, CEO of Shiftmove

“The acquisition by Shiftmove takes Optimum Automotive to the next level of growth, with the aim of becoming the European market leader for integrated telematics and software solutions for corporate fleets. Our product portfolios complement each other perfectly and form a strong, state-of-the-art offering for our more than 18,000 joint fleet customers across Europe.”

  • Daniel Vassallucci, CEO and Founder of Optimum Automotive
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