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Safo Group takes majority stake in TR Fleet

Safo Group takes majority stake in TR Fleet

European fines management and automotive IT specialist Safo Group has acquired a 75% stake in fleet management and software provider TR Fleet.  

Key to the merger was TR Fleet’s DriveSecure software package, which will now be developed by Safo, an Italian business, and sold across Europe.  

TR Fleet began trading in 2010 and managing director Julie Summerell, told Fleet News (20 February, 2017): “I needed a partner that had a similar vision and a commitment to driver safety and would help me develop DriveSecure into the hub that I always thought it could be.”