— FleetCor, the global fleet card company, has acquired the remaining 50 percent ownership interest of CCS Slovakia through its subsidiary CCS in the Czech Republic. CCS Slovakia is the leading fuel card processor in the Slovak market. FleetCor has obtained the remaining ownership interest from UTA, a Germany-based fleet card company, CCS’ previous partner in the venture.
This investment is the latest in FleetCor’s recent European business growth, including acquisitions of KeyFuels and The Fuel Card Company in the U.K. and CCS in the Czech Republic.
FleetCor also recently named Andrew Blazye, former global general manager for Shell’s fuel card and loyalty business, to be CEO of its European operations.