Edenred to acquire energy cards busines from IP Gruppo.

Edenred, a company specializing in B2B Mobility solutions, agreed to acquire energy cards business from IP Gruppo, an oil and energy company. Financial terms were not disclosed. “This new partnership with IP Gruppo api will allow to add IP strong domestic energy card franchise to our existing multi-brand offer and will give Edenred a much-extended footprint in Italy. We are looking forward to offering access to our Beyond Fuel digital solutions to the 50k IP customers, while effectively supporting the switch of corporate and professional fleets from traditional engines to hybrid and electrical vehicles," Diane Coliche, Edenred Chief Operating Officer.