Transics’ customers can now directly access Teleroute freight search from TX-CONNECT back office software

Collaboration with leading online freight exchange helps carriers optimise fleet usage

Ypres/Zaventem, the 11th of June 2012 – Customers of fleet management expert Transics and of Teleroute, the leading pan-European online freight exchange, can now directly search for freight orders via Teleroute in their trusted TX-CONNECT interface. This feature, which is new in the 8.0 release of Transics’ TX-CONNECT back office platform and first in the market, results from an agreement between both parties to integrate their services. It will help carriers save time and even win business, as they will be able to react faster to interesting freight orders. The offering fits well within Transics’ commitment to help transport and logistics companies improve efficiency and, consequently, cut costs.

As carriers are constantly looking for ways to avoid expensive – and not so eco-friendly – empty kilometres and load trucks and trailers to the max, they make great use of freight exchange. A safe, fast and easy way of finding the freight orders that best meet their requirements helps them save precious time and swiftly react to lucrative new deals. By integrating the Teleroute freight exchange solution into the latest 8.0 version of TX-CONNECT, Transics offers freight planners the possibility to search for freights on the map in their familiar TX-CONNECT interface.

Unique easy offering

To help them quickly find the most appropriate orders, Transics has ensured an exceptionally intuitive user interface. Yannis Mollé, Responsible of On-board Informatics at Mousset Group, confirms: “This integrated offering, which is unique in the fleet management market, is indeed easy, fast and efficient. Our planners can use all the objects on the map, such as trucks, trailers or Points of Interest (POIs) as a starting and end point for their query. Based on that location, they can then retrieve a list of transport orders that meet all the requirements as to type of transport, trailer, volume and weight directly in their back office interface, without having to switch to the Teleroute portal. This definitely boosts our efficiency.”

Leaders teaming up

“Transics always listens to its customers and the market and develops new powerful features that help its clients drive productivity, on the road as well as in the back office. By bolting the Teleroute offering onto our back office platform, we definitely respond to that need. As a market leader, it seemed only logical to team up with Teleroute, the pioneer in the field of freight exchange,” said Walter Mastelinck, CEO of Transics.

“We are very enthusiastic about the collaboration with Transics”, commented Raimundo Diaz, CEO of Teleroute. “It leads to further integration between transport suppliers and benefits our customers, who will be more efficient with this direct access to Teleroute freight search from their Transics’ fleet management interface. Our objective is to increasingly integrate collaborative, efficient and safe solutions in transport management along our customers’ workflow.”

Teleroute, a Wolters Kluwer business, is a leading pan-European online freight and vehicles exchange service that improves operational efficiency, reduces risk and offers customised online services for the transport & logistics industry. Founded in 1985, as the original online freight and vehicle exchange and headquartered in Brussels, Belgium, Teleroute has operations in 27 European countries and has more than 250 employees. www.teleroute.com follow us on Twitter at @Teleroute_com.

Established in 1991, Transics International NV develops and commercialises fleet management solutions for the transport and logistics sectors. Thanks to many years of experience, thorough R&D efforts and an intensive focus on the customer experience, Transics has become the leading European player in its market. Headquartered in Ypres (Belgium), Transics is active throughout Europe. The company has been quoted on the stock exchange (Euronext Brussels) since June 2007. Follow us on Twitter at @transics.

Tavares NV increases offer price to EUR 7.5 per share, and EUR 3.35 per warrant

On 24 April 2012, Tavares NV announced its intention to launch a voluntary public takeover offer for all shares and warrants issued by Transics International NV (not already owned by Tavares NV or affiliated persons), possibly followed by a public squeeze-out (the Offer).

Today, Tavares NV announces, in accordance with article 8 of the Royal Decree on Public Takeover Bids, an increase in the Offer price and an amendment of the Offer conditions.

  1. The Offer price per share is increased from EUR 7.10 to EUR 7.50 and the Offer price per warrant from EUR 3.03 to EUR 3.35. The increased Offer price per share of EUR 7.50 represents a premium of 9.6% as compared to the closing price of 20 April 2012.
  2. The acceptance threshold, one of the Offer conditions, is lowered from 90% and amended to 75.1% of the securities conferring voting rights.

The Offer condition with respect to the evolution of the closing quote of the Bel-20 index remains unchanged.

This increase is the result of negotiations between the board of directors of Transics International NV and Tavares NV. The board of directors welcomes the increase of the Offer price, which is within the equity value range of EUR 7.4 and EUR 8.4 per Transics International NV share as arrived at by KBC Securities NV, appointed as independent expert, as further set out in its report. Given the above and taking into account the low liquidity of the Transics International NV share, the board of directors of Transics International NV will recommend the Offer in the context of its memorandum in reply. Further justification will be included in the memorandum in reply.

EQMC Europe Development Capital Fund plc, a 9.99% shareholder of Transics International NV, indicated that it will accept the Offer given the new conditions of the Offer.

ING AM Insurance Companies BV, a 16.5% shareholder of Transics International NV, indicated that it will not accept the Offer, as indicated in the press release dated 29 April 2012. As a consequence, RLE & Partners BVBA, represented by its permanent representative Mr Rudy Everaert, has abstained from the recommendation by the board of directors. All other board members support the recommendation.

Tavares will submit an updated file with the FSMA in the coming days. The availability of the prospectus, the memorandum in reply and the independent expert report will be announced in a press release at a later date.

Transics International, established in 1991, develops and commercialises fleet management solutions for the transport and logistics sector. Thanks to many years of experience, thorough R&D efforts and an intensive focus on the customer experience, Transics International has become the leading European player in its sector. In addition to its headquarters in Ypres (Belgium), Transics International is active throughout Europe. The company has been quoted on the stock exchange (Euronext Brussels) since June 2007.