https://www.engineeringnews.co.za

Gilbarco, AFS sign agreement

17th April 2013

By: Natalie Greve

Creamer Media Contributing Editor Online

  

Font size: - +

Global fuel services group Gilbarco Veeder-Root (Gilbarco) will acquire local fuel management technology group Automated Fuel Systems (AFS) to strengthen the products and services offered by both companies in the Southern Africa market.

The acquisition, which had been approved by the South African Competition Commission, was subject to customary closing conditions, which would be fulfilled by May.

AFS – a long-time distributor of Gilbarco products – provided wet-stock management, automated refueling and maintenance services to retail and commercial customers, including mines and government agencies.

Gilbarco Europe, Middle East and Africa president Stephen Moule said AFS’s well-established position in the South African market would strengthen the group’s product and solution offering in the retail forecourt market, as well as enable it to expand into new market segments such as mining and commercial fueling.

AFS group CEO Tony Warrener added that the agreement would allow AFS to enhance its offerings to customers and would facilitate its growth strategy across Southern Africa.

“Combining our expertise and resources is a logical fit for both companies,” he commented.

AFS would continue to operate from its existing facilities in Johannesburg and throughout South Africa, with Warrener remaining in his position.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Columbus Stainless
Columbus Stainless

Columbus Stainless, based in Middelburg, Mpumalanga, is Africa’s only producer of stainless steel flat products. In addition, Columbus is the only...

VISIT SHOWROOM 
ATI Systems
ATI Systems

ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.054 0.97s - 155pq - 2rq
Subscribe Now