Wednesday, November 27, 2024

Parking and transport payment systems firm snapped up

Modaxo, a global technology organisation, has acquired CAMMAX, a Castleford-based provider of self-service Ticket Vending Machines (TVMs), Parking Payment machines, and associated services.

CAMMAX brings a wealth of expertise and a proven track record in delivering innovative payment systems for public transportation and car parks. The company’s solution portfolio includes a wide range of TVMs for rail, tram, and bus journeys, as well as off-street parking payment systems for Pay on Exit, Pay on Entry, and Hybrid car parks.

“We are delighted to welcome CAMMAX and its employees and customers to the Modaxo family,” said Laurent Eskenazi, Head of EMEA, UK, and Asia at Modaxo. “CAMMAX’s impressive track record in simplifying travel and parking payments aligns with our vision of creating seamless mobility experiences for all.”

“Joining the Modaxo family is an exciting milestone for CAMMAX,” said Julian Rooney, Managing Director, CAMMAX. “We share a common vision of transforming the transportation and parking experience through technology. Now with Modaxo we feel we can deliver even more value to our customers and drive the industry forward.”

CAMMAX will maintain its unique brand identity and autonomy while benefiting from investment, support, coaching, best practices, and peer learning made available by Modaxo. Julian Rooney continues to lead the business along with the management team.

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