DKV Mobility to acquire PACE Telematics.

DKV Mobility, a company specializing in mobility and digital payment services, is set to acquire PACE Telematics, a company focused on mobile fueling payments and digital fuel card virtualization. Financial terms were not disclosed. “In the past five years of our successful partnership, we have been able to significantly develop PACE. By further expanding our collaboration, we will retain our DNA and now also benefit from DKV Mobility's many years of experience. For us, this is the next logical step towards an even stronger future. Together with the team, we look forward to further advancing PACE in the next phase of growth, with a lot of momentum and new opportunities,” Philip Blatter, PACE Founder and Managing Director.