Add-on Acquisition • Internet Software and Services

TotalEnergies Acquires WayKonect

On July 10, 2018, TotalEnergies acquired internet software and services company WayKonect

Acquisition Context
  • This is TotalEnergies’ 1st transaction in the Internet Software and Services sector.
  • This is TotalEnergies’ 5th transaction in France.

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M&A Deal Summary

Date July 10, 2018
Target WayKonect
Sector Internet Software and Services
Buyer(s) TotalEnergies
Deal Type Add-on Acquisition

Target Company

WayKonect

Lille, France
WayKonect is a provider of digital management tools for corporate vehicle fleets to enable them to control their fleet remotely and in real time. WayKonect was founded in 2014 and is based in Lille, France.
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Buyer Overview 1

Buyer

TotalEnergies

Courbevoie, France

Category Company
Founded 1924
Sector Oil/Gas Exploration
Employees62,796
Revenue 195.6B USD (2024)
DESCRIPTION

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. TotalEnergies was founded in 1924 and is based in Courbevoie, France.


Deal Context for Buyer #
Overall 7 of 26
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 6 of 12
Country: France 5 of 10
Year: 2018 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-05 Totalgaz Italia S.r.l.

Rome, Italy

Totalgaz Italia S.r.l. serves approximately 65,000 customers in the northern region of Italy, the 9th largest economy in the world, primarily for space heating and industrial applications.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-31 Total S.A. - Polystyrene Production Sites

China

Total S.A. - Polystyrene Production Sites in Ningbo and Foshan and two related offices in Guangzhou and Shanghai. The Foshan site is located in the Guangdong Province in South China. The Ningbo site is located in the Zhejiang Province south of Shanghai in Eastern China. The annual nameplate capacity of each site is 200kt per year.

Sell -