Edenred strengthens its position in B2B mobility services in Italy through the acquisition of the energy cards business of IP Gruppo api

Par Rémy EISENSTEIN - Edenred has announced the acquisition of the energy cards business of IP Gruppo api, the private Italian leader in fuel and mobility solutions. This operation will allow Edenred to become the second largest player in B2B mobility services in Italy, with a portfolio of 50,000 B2B customers.

IP Gruppo api has the largest fuel and energy network in Italy, with more than 4,600 gas stations representing approximately 20% of the total number of stations in the country. Its solid single-brand energy card business benefits from its reputation and the extensive coverage of its network in all regions of Italy. The “IP Plus” and “IP Plus fast” cards are flagship products in the Italian B2B energy card market, with a particularly strong presence in the SME segment.

The acquisition of IP Gruppo api's energy cards business will enable Edenred to significantly strengthen its B2B mobility business in Italy and position itself ideally to exploit the potential of the transition of B2B fleets to electric vehicles. Edenred UTA, the Edenred subsidiary dedicated to mobility services, provides its customers with access to the largest network in the country, which includes more than 10,000 multi-brand service stations and more than 35,000 vehicle charging points. electric and hybrid.

Edenred markets more than 90 programs enabling its 210,000 customers in Europe and Latin America to effectively manage their fleet, optimize their costs and reduce their carbon footprint. In Europe, its customers have access to more than 570,000 on-road charging points for electric and hybrid vehicles.