Knorr-Bremse AG (KBX.DE) today announced the acquisition of Dutch company TRAVIS Road Services International B.V. (TRAVIS), a leading online booking platform for road services for commercial vehicle operations such as parking, cleaning, charging, and repairs. The purchase price amounts to a mid-double-digit million-euro sum. IMPROVED acted as the exclusive financial advisor to TRAVIS and its shareholders in this transaction, which is expected to close by the end of Q1 2026.
Founded in 2018, TRAVIS is a pan-European digital platform for truck road services that facilitates seamless connections between fleet operators and service locations. The platform has approximately 7,000 registered fleet accounts and a network of around 2,500 service providers across the continent, including locations for secured truck parking, truck charging, truck washing, tank cleaning, and truck repairs. The company empowers carriers with full digital control over their fleet’s service usage and enables efficient cross-border service planning, streamlining operations by reducing mileage and eliminating administrative hassle. In parallel, TRAVIS increases visibility for service locations within Europe’s largest bookable truck road services network and offers flexible payment options, supporting service partners in driving higher service volumes.
Following its acquisition by Knorr-Bremse, TRAVIS will be able to leverage Knorr-Bremse’s global truck aftermarket expertise, repair network, and commercial vehicle capabilities to boost its international expansion and accelerate its repair and charging solutions, strengthening its position as the European market leader. This move aligns with Knorr-Bremse’s strategy to grow its digital aftermarket portfolio, which also includes diagnostics provider Cojali.
The transaction reflects a broader market shift as digitisation in the commercial transportation industry gains momentum, fueled by the rising demand for real-time insights, seamless cross-border coverage, and maximum fleet uptime to streamline operations. We continue to see a strong appetite from established global commercial transport players for proven digital platforms. As the digital transformation reshapes the industry, strategic buyers are forced to adapt and are actively looking for pivotal acquisitions to fill the technology gaps in their offering and expand their control over the value chain.
