Le Plessis-Robinson, the 13th of May 2025 – Gilbarco Veeder-Root has agreed with TSG, the European leader in technical services for mobility solutions, to proceed towards the potential divestment of Gilbarco Veeder-Root’s service business across eight European countries for the continued benefit of their customers.
Currently, Gilbarco Veeder-Root is the only original equipment manufacturer in Europe with an in-house service team. TSG maintains all types of energy distribution infrastructures for mobility: fuel/biofuel service stations, electric vehicles charging network, LPG/LNG, and hydrogen. This strategic project for maintenance services aligns with Gilbarco Veeder-Root’s goal to optimize its business portfolio and focus on its core competencies.
“Gilbarco Veeder-Root sees significant benefits from this potential transaction with strengthening our existing relationship with TSG.” Implementation of the agreement would increase TSG’s position in these countries and enhance Gilbarco Veeder-Root’s relationship with a leading partner to support our customers across Europe and Africa.” said Dave Coombe, President, Gilbarco Veeder-Root.
“We see significant opportunities in this potential partnership which would enable us to expand our presence and operational capacity, particularly in Northern Europe. Through our premium maintenance services, we aim to enhance our operational reach and further develop our position across the European market,” commented Jean-Marc Bianchi, CEO of TSG.
The eight countries included in this project are the United Kingdom, Denmark, Finland, Norway, Sweden, Estonia, Latvia and Lithuania. Should the discussions lead to the divestiture of the service business, Gilbarco Veeder-Root will leverage TSG’s extensive experience and market presence in these regions to ensure a seamless transition and continued high-quality service for Gilbarco Veeder-Root’s customers.
About Gilbarco Veeder-Root
Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations, offering the broadest range of integrated solutions from the forecourt to the convenience store and head office. For over 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support, and proven reliability. Major product lines include fuel dispensers, tank gauges and fleet management systems. For more information, please visit: www.gilbarco.com.
