Manila, Philippines – MPT Mobility, the technology arm of Metro Pacific Tollways Corporation (MPTC), has announced the acquisition of Assist and Assistance Concept Inc. (AACI), a company wholly owned by AXA Partners Holding SA.
This strategic move reinforces MPT Mobility Corporation’s commitment to improving the mobility landscape in the country by providing comprehensive technology-based solutions which address transport and mobility challenges and enhance the travel experience of motorists and commuters.
The acquisition also enhances AACI’s market position as a leading player in the roadside assistance market while empowering MPT Mobility Corporation to augment its mobility solutions for key urban centres across the country.
Through the acquisition, AACI will operate under MPT Mobility’s smart mobility solutions division headed by Vice President Mark Richmund De Leon.
Rodrigo Franco, director at MPT Mobility, said, “The acquisition of AACI is a win-win for the parties involved and their respective teams. It enables the provision of service to a broader market, including B2C clients; while bringing MPT Mobility a step closer to its goals of providing an expanded mobility ecosystem centred on improving customer experience.”
Meanwhile, Ronald Carrillo, CEO at AACI, commented, “We look forward to coming under the management and guidance of MPT Mobility. With the combination of our expertise and the MPT Mobility capabilities, our clients will benefit from a holistic mobility ecosystem.”
