Eurowag Acquires Inelo Group from Innova Capital

January 1, 2022

Eurowag has agreed to acquire a 100% stake in Poland-based Inelo Group from Innova Capital for more than EUR 300 million. The acquisition adds Inelo’s telematics devices (≈87,000 connected trucks) and driver time management software to Eurowag’s pan‑European payments and mobility platform, expanding its product capabilities and geographic footprint across the commercial road transportation market in CEE and other European markets.

Buyers
Eurowag
Targets
Inelo Group
Sellers
Innova Capital
Industry
Transportation
Location
Silesian Voivodeship, Poland
Transaction Type
Buyout

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