Electronic toll systems in São Paulo, Brazil are target for investors

The electronic road toll payment market in São Paulo, Brazil, is said to have seen growth in recent months following the break of the state monopoly. The state's road toll payment regulatory body, Artesp, is close to approving Move Mais, which has attracted the interest of several groups seeking a partnership.
October 8, 2013 Read time: 2 mins
The electronic road toll payment market in São Paulo, Brazil, is said to have seen growth in recent months following the break of the state monopoly.

The state's road toll payment regulatory body, 5380 Artesp, is close to approving Move Mais, which has attracted the interest of several groups seeking a partnership.

Also in the sector, Raizen, from Cosan and Shell, has recently acquired a 10% share in Servicos e Tecnologia de Pagamentos (STP) for US$113.24 million (BRL250 million), while, according to Bloomberg, 2688 Ecorodovias is currently in negotiations for an 11.4% share in STP.

Meanwhile, U.S. firm FleetCor is also in negotiations for the acquisition of an as yet undetermined percentage of DBTrans, owner of Auto Expresso. ConectCar, a joint venture involving 1305 Odebrecht and Ultra, has announced plans to invest $67.64 million (BRL150 million) in toll booth infrastructure, but does not plan for any new partners in the enterprise.

The Brazil tolling sector sees high margins, with STP reporting a profitability of 87.3%, and its potential for growth, with the Brazilian Government hoping to place an electronic chip in every car, makes it a target for investors.
Highway & Network Management

For more information on companies in this article

Related Content

  • Ammann plan Indian strategic partnership with Gujarat Apollo Industries
    December 19, 2012
    Ammann and Gujarat Apollo Industries Ltd (GAIL) have signed binding agreements which will see Ammann Group pay around €44 million to acquire a 70% share in the Indian company’s plant and machine business. Said to be the Indian market leaders in road construction equipment, GAIL’s core products include road pavers, asphalt mixing plants, bitumen sprayers and compaction machines. The joint venture is seen by the Ammann Group as underscoring its global growth strategy while, crucially, heralding its entry into
    Read More
  • Ardian buys out Ascendi’s Portuguese toll road operations
    August 9, 2016
    French infrastructure fund manager Ardian has agreed to acquire all the shares of Ascendi PT II which operates seven Portuguese motorway concessions Ardian, an independent private investment company, is buying the shares from its joint venture partner Ascndi Group. Ascendi PT II was formed in June 2015 as a partnership between Ardian Infrastructure and Ascendi and owns and operates five motorways in northern Portugal and the Lisbon area. Ardian Infrastructure will pay €600 million for control of the
    Read More
  • CCR begins studies for Sao Paulo, Brazil infrastructure projects
    January 25, 2013
    Brazilian road and transport concessionaire CCR has begun studies with a view to taking part in various infrastructure projects in the Brazilian state of Sao Paulo. It is reported that the group is interested in state road projects and intercity/regional railroads, as well as more metro lines. CCR says it is also following transport opportunities in Rio de Janeiro and airport concessions for Galeao (Rio de Janeiro) and Cofins (Minas Gerais).
    Read More
  • Modified asphalt trials in Brazil
    October 17, 2012
    An urgent need to improve and extend its road network means that Brazil is open to innovation and new ideas - the timing looks good for Kraton and its highly modified asphalt. Kristina Smith reports On 15th August Brazilian president Dilma Rousseff announced a US$66 billion (BRL 133 billion) investment package for the country’s road and rail networks. Of that, $21 billion (BRL 42 billion) is earmarked for the upgrade or construction of 7,500km of highways through a series of concessions. “We’re starting an
    Read More

Highlighted Content