Gilbarco, Inc. has reached agreement to acquire ANGI Energy Systems, LLC, pending final closure of the deal.
Located in Janesville, WI, ANGI is a leader in the design and assembly of compressed natural gas (CNG) systems for vehicle fueling. The company has over 30 years of experience in CNG system design and manufacturing, Gilbarco said, and will join forces with Gilbarco’s retail and commercial fueling experts to offer customers a complete suite of CNG dispensing, fuel management, and distributed control systems.
“ANGI’s team brings valuable expertise into the Gilbarco family, allowing us to accelerate technology advancements and manufacturing excellence in natural gas fueling,” said Stephen Moule, president, Gilbarco North America. “They also bring a team of highly skilled associates, a quality operation and a strong portfolio of customers that we look forward to serving.”
“ANGI continues to grow rapidly due to customer demand. To keep pace, we looked for a strategic partner with systems, processes and people to support our employees and customers as the industry builds out. We found all that and more with Gilbarco,” said John Grimmer, ANGI president.
ANGI will become part of Gilbarco’s organization, in a new division that will maintain the ANGI name. The division will continue to operate from their existing facility in Janesville.
The companies will offer seamless integration of the ANGI CNG system with Gilbarco’s Encore CNG Dispenser, delivering retail CNG customers an improved consumer experience with integrated payment and the future extension of merchandising and loyalty programs.
