Autotank is involved in the design, production, marketing and sale of retail automation equipment, including outdoor payment systems for fuel retailers in Scandinavia and Eastern Europe.
In addition, the group provides extensive installation and maintenance services for fuel retail outlets across the region. The company employs 320 people across multiple sites in Scandinavia, Eastern Europe and Russia.
To reinforce the importance and strength of both brands in the market, the Autotank group of companies will be renamed as Gilbarco Autotank. Peter Hutton, an industry veteran and Autotank executive, will be appointed as managing director of Gilbarco Autotank, upon closing the deal.
Gilbarco Autotank will remain headquartered in Finland, while working closely with Gilbarco Veeder-Root’s Europe-Middle East-Africa (EMEA) team to deliver full value to customers immediately.
Peter Dilnot, managing director for Gilbarco Veeder-Root EMEA, said: Autotank represents a very strategic addition to the Gilbarco Veeder-Root portfolio, enabling it to provide a broader range of products and services in the region. Gilbarco Veeder-Root has worked with Autotank for many years, including supplying fuel dispensing products and payment components. As a result of this relationship, we understand and value Autotank’s capabilities.
