Shell Selects Gilbarco Veeder-Root As A Strategic Supplier for Fuel Dispensing Equipment
Six-Year Agreement includes the US, Europe, Latin America
GREENSBORO, NC - February 14, 2005 - Gilbarco Veeder-Root, a
leading supplier of systems and services for retail fueling, announced
today that it has entered into a six-year agreement with Shell Oil
Products as a strategic supplier for fuel dispensing equipment in the
US, Europe, and Latin America.
"We are looking to develop a strategic partnership with a global
supplier with the capabilities to support Shell's plans for growth in
key world markets," said Allen Kirkley, Shell's vice president for
purchasing, based in London. "Gilbarco Veeder-Root is an excellent fit
for meeting this need."
"We are very pleased that Shell has given us the opportunity to extend
our business with them in these key regions. We are confident that the
technology behind Gilbarco's dispensers and the global support and
service that our organization can provide will allow us to further
cement our partnership with Shell worldwide," said Martin Gafinowitz,
president of Gilbarco North America.
Gilbarco-Veeder-Root continues to be a leading supplier for Shell. In
July 2004, the company announced its Passport POS was selected by Shell
Oil Products US as a strategic point-of-sale system - part of Shell's
program to standardize POS equipment across its entire network of
branded locations. Shell has over 1100 sites under contract with
Gilbarco Veeder-Root's Fuel Management Services (FMS). Veeder-Root has
been under contract with Shell to supply automatic tank gauging
equipment, on a worldwide basis, since 1999.