INELO Group, a provider of innovative technologies for the TSL sector in Poland, controlled by the private equity fund Innova/6 from the Innova Capital group, has acquired 73.5 per cent of shares in the Slovenian telematics player CVS Mobile.
INELO Group is now a major player in the field of integrated technological solutions for heavy-duty transport in the CEE/SEE region with a total of over 68 000 devices and access to 10 European markets.
“NELO Group is a high potential company, operating on very promising telematics solutions market. The acquisition of CVS Mobile is another step in the implementation of INELO’s strategy, which involves dynamic growth,” says Krzysztof Kulig, Senior Partner at Innova Capital. “We are delighted that our experience and financial involvement have contributed to the further growth of the INELO Group.”
