Dover Fueling Solutions Awarded Contract with EG Group, Offering Global Wetstock Management Services

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Apr 16, 2019, 16:18 ET

DOWNERS GROVE, Ill., April 16, 2019 /PRNewswire/ -- Dover Fueling Solutions ("DFS"), a part of Dover (NYSE: DOV) that delivers advanced fuel dispensing equipment, electronic systems and payment, fleet systems, automatic tank gauging and wetstock management, is proud to announce that it has been awarded a five-year global contract with EG Group, which operates as Euro Garages in the United Kingdom, for the provision of its ClearView™ and Fairbanks wetstock management services.

Sites within the EG Group global network – including those in Germany, the United States, Australia, France, the Netherlands, Belgium and Italy – will receive real-time monitoring and advanced wetstock investigation services, designed to help businesses lower operational costs and improve profit margins, whilst keeping them legally and environmentally compliant. EG Group will benefit from fuel loss identification services, determining losses caused by a variety of factors, including leakage, delivery shortages, spillage and evaporation, theft, fraud and meter drift. They will also have access to the Fairbanks Station Manager online web portal, which centralizes data from across the network, giving users greater insight into stock levels, pump and nozzle activity and alarm notifications, as well as access to many detailed reports which help to maintain forecourt efficiency and availability.

The contract engages DFS as EG Group's global wetstock management partner for their current estate, but also for sites and networks they acquire during the term of the contract. EG Group already has a strong presence in the United Kingdom, Germany, France, Belgium, the Netherlands, Italy, the United States and Australia and has grown significantly in recent years. The contract is a significant success for DFS, who is one of the leading global providers of customer-focused technologies, services and solutions in the fuel and convenience retail industries.

"We are confident that the wetstock management services from DFS will truly benefit the EG Group network," commented Guy Bickerstaffe, Group Director of Development. "Having a third-party monitoring service take care of our wetstock management gives us peace of mind, leaving us safe in the knowledge that even the smallest instances of fuel loss don't go unnoticed. It's a real cost-saving investment for us, with the added benefit of protecting the environment from the detrimental effects of leaks to ground."

Andy Sullivan, Global Wetstock Business Unit Director, DFS, said: "This contract builds upon the strong customer-centric focus that DFS has exercised, whilst delivering its service to EG Group sites in the United Kingdom over the past eight years, resulting in a strong business relationship that both parties were keen to expand upon. DFS looks forward to continuing to nurture this partnership as the EG Group network grows."

For more information regarding Dover Fueling Solutions wetstock management and other products, go to doverfuelingsolutions.com.

About Dover Fueling Solutions:
Dover Fueling Solutions ("DFS"), part of Dover Corporation, is comprised of the product brands of ClearView, Fairbanks, OPW Fuel Management Systems, ProGauge, Tokheim, and Wayne Fueling Systems, and delivers advanced fuel dispensing equipment, electronic systems and payment, automatic tank gauging and wetstock management solutions to customers worldwide. Headquartered in Austin, Texas, DFS has a significant manufacturing presence around the world, including facilities in Brazil, China, India, Italy, the UK, and the USA. For more information about DFS, visit doverfuelingsolutions.com.

About Dover:
Dover is a diversified global manufacturer with annual revenues of approximately $7 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through three operating segments: Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.

SOURCE Dover