Our team working as local counsel with Allen & Overy as lead counsel advised Eurowag on investing in Lithuania-based startup Drivitty – a provider of mobile payments, real-time refuelling management, and other solutions in the refuelling sector.
Eurowag – a leading provider of commercial transport solutions in Europe – acquired a minority stake (20%) in Tankita, a company developing the Drivitty platform.
Aiming to lead digitalisation of the CRT industry in Europe
The partnership between Eurowag and Drivitty will contribute significantly to the shift towards a digital future in the mobility and transportation industry in Europe.
“Our newest investment shows our commitment to being one of the leading drivers of the digitalisation of the CRT industry. Our vision is to create a digital platform that connects all stakeholders in the commercial transportation market. An investment in Drivitty allows customers to pay for mobility and related services seamlessly on their mobile device, and with an additional layer of security. It will also minimise the need for physical contact during transactions, especially important in these times,” said Martin Vohánka, CEO of Eurowag.
Our services and the project team
Partner Mantas Petkevičius and counsel Jonas Kiauleikis advised the client on transaction-related Lithuanian law matters.