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Gjensidige acquires Flyt AS

Gjensidige acquires the toll service provider of the toll company Ferde AS and thus takes over the toll collection for customers with AutoPASS agreement.

Through its subsidiary Flyt AS, Ferde AS currently has an AutoPASS agreement with approximately 550,000 customers, which will be in addition to the customers Gjensidige has previously agreed to take over from Vegamot.

With this agreement, we will establish ourselves as a leading player in toll collection in Norway, and get a platform to deliver this service in a customer-friendly and cost-effective way, says Helge Leiro Baastad, CEO of Gjensidige Forsikring.

In line with the toll reform

The sale is in line with the toll reform, where it has been decided that the toll service provider business will be separated from the toll companies and handled by commercial players.