Business
Gilbarco Veeder-Root Completes Divestiture of European Service Operations to TSG
GREENSBORO, N.C., September 29, 2025--Gilbarco Veeder-Root, a Vontier company and global technology leader for retail and commercial fueling operations, today announced the completion of the divestiture of its European service operations, to TSG, the European leader in technical services for responsible mobility solutions.
About this update from Vontier Corporation
[{"type":"text","content":"GREENSBORO, N.C., September 29, 2025--(BUSINESS WIRE)--Gilbarco Veeder-Root, a Vontier company and global technology leader for retail and commercial fueling operations, today announced the completion of the divestiture of its European service operations, to TSG, the European leader in technical services for responsible mobility solutions.","length":341,"tagName":"p"},{"type":"text","content":"The transaction, which includes operations in United Kingdom, Denmark, Finland, Norway, Sweden, Estonia, Latvia, and Lithuania, marks a significant step forward in the collaboration between TSG and Gilbarco Veeder-Root and reflects their shared commitment to supporting mobility infrastructure across Europe. By consolidating operations across the Nordics and Baltics, TSG strengthens its European footprint in these key regions by extending its local service capabilities. More than 380 experienced professionals – including engineers, project managers, and field technicians – will transition to TSG, bringing with them deep technical expertise, strong customer relationships, and a service culture that will ensure continuity and reliability for customers.","length":759,"tagName":"p"},{"type":"text","content":""This agreement reflects our commitment to providing outstanding support to our customers while focusing our efforts on product innovation and technology leadership," said Stephen Richards, Managing Director, Gilbarco Veeder-Root. "We look forward to continuing our strong collaboration with TSG to better serve communities and stakeholders."","length":362,"tagName":"p"},{"type":"text","content":"For customers across all eight countries, the transition guarantees consistent, high-quality service delivered locally by TSG’s expanded teams. At the same time, Gilbarco Veeder-Root will be able to focus on advancing the next generation of forecourt technologies, supported by coordinated service continuity arrangements and spare parts management between the two companies.","length":375,"tagName":"p"},{"type":"text","content":""We are proud to welcome these highly skilled teams and to extend our operational reach across Northern and Eastern Europe," said Jean-Marc Bianchi, CEO of TSG. "This step strengthens our ambition to be the trusted partner for all mobility energy infrastructures."","length":284,"tagName":...