Connexas Group have been acquired by european leader AddSecure.

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The leading European provider of premium IoT solutions, AddSecure, today announced its acquisition of RTL Telematics through its UK based Smart Transport company, Connexas.

Offering technical solutions for hazardous goods and advanced vehicle cameras, RTL’s technologies will in time be made available to the wider Smart Transport customer base.

This acquisition will further strengthen AddSecure’s market leading position within Transport and Logistics in the UK. Also, it will contribute to the process and strategy of becoming the leading provider of Fleet and Transport Management solutions in Europe.

RTL work with some of the world’s largest and most respected organisations, many of whose requirements are extremely complex. Including the likes of:

Stefan Albertsson, CEO of AddSecure.

“The acquisition of RTL is an opportunity to accelerate AddSecure’s strategic roadmap. AddSecure Smart Transport will benefit from significant additional technologies and added R&D resources to consolidate its innovation leadership in Fleet and Transport Management.”

The telematics equipment and technology platform from RTL captures and analyses vehicle and driver data to provide customers with insights and informing financial and operational decisions.

Three core analytical areas are offered as part of the solution:

  1. Cost savings, contributing to reductions in fuel consumption and operational efficiencies.
  2. Performance metrics, which gauge driver and overall fleet safety in real time, identifying poor drivers and providing rectification training.
  3. Legal compliance, where video footage can be used for claim intervention by providing an impartial account of events.

Konstantin Rainkine, Managing Director of RTL Telematics.

“We couldn’t be more excited about this agreement. By joining forces with AddSecure and Connexas, we become part of a strong player with significant scale and financial strength to create the leading European Fleet and Transport Management provider.”

By integrating RTL in the Connexas offering they will be part of AddSecure, with RTL’s Managing Director reporting to Andrew Overton.

Andrew Overton, Managing Director of Connexas and VP of AddSecure Smart Transport UK.

“I have personally known RTL’s MD, Konstantin Rainkine, for many years and look forward to working with a fellow developer and entrepreneur of telematics with a passion for customer support and delivery. This addition to the UK business will strengthen our offering and broaden our expertise in camera technology and driver behaviour. This will then be rolled out across our other AddSecure business units and accelerate our best practice services to pan-European customers. We welcome RTL and the team on board for the exciting journey ahead.”

Author Helena Ferraro

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