Accor Services Acquires Autocupón, Mexico’s Second Largest Issuer of Gasoline Cards, and Strengthens Its Market Leadership Position
Paris – January 23, 2007
Accor Services has acquired the gasoline cards operations of Autocupón, Mexico’s second largest issuer, for a total of €8.5 million. Since its founding in 1994, Autocupón, a subsidiary of Mexico’s Pegaso Group, has
developed a gasoline card offering for trucking companies that enables them to manage fuel, maintenance and other fleet-related costs. The company currently has a portfolio of more than 500 customers and 535 affiliated service stations. In 2007, Autocupón is expected to report €2 million in revenue.
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