Operations

Dover completes Tokheim acquisition

Jan. 13, 2016

Dover Corporation has completed the acquisition of Tokheim Group S.A.S.'s dispenser and systems businesses and they are now part of OPW.

OPW, a Dover Company and a supplier of fluid-handling solutions, announced that Dover Corporation has completed the acquisition of Tokheim Group S.A.S.'s dispenser and systems businesses and they are now part of OPW.Tokheim manufactures fuel dispensers, retail automation systems and payment solutions. "Both Tokheim and OPW have been leaders in the retail fueling industry for more than a century," said David Crouse, OPW president. "By integrating Tokheim's advanced line of dispensers and automation systems, the combined business will be able to offer our customers an unparalleled end-to-end fueling solution.”Tokheim is the fifth major acquisition for OPW in the past two-and-a-half years, and matches previous acquisitions (Fibrelite, KPS, Jump, Liquip) of category-leading brands outside the North American market."OPW's goal is to bring the very best solutions to our customers in all regions of the world," said Keith Moye, OPW VP of global marketing. "Our combined product portfolio now comprises the industry’s broadest product offering, enabling us to bring a more complete solution to our customers.”OPW's deployment of this unique end-to-end solution strategy encourages customers to select and customize a fueling system from OPW’s full line of underground storage tank equipment, piping and containment systems, and above ground products – including the newly acquired line of Tokheim dispensers and automation systems – fulfilling almost every equipment need for a fueling station, while utilizing one supplier.