Electric vehicle charging startup Driivz acquired for $200 million by Gilbarco Veeder-Root
#Acquired-by #Investment
May 17, 2017
en.globes.co.il
Gilbarco buys Israeli automatic fueling co Orpak
#Acquisition
About
Gilbarco Inc., doing business as Gilbarco Veeder-Root, is a supplier of fuel dispensers, point of sales systems, payment systems, forecourt merchandising and support services. The company operates as a subsidiary of Vontier.
Gilbarco Israel has expanded its presence through the strategic acquisition of local companies over the years. In 2015, they acquired Odysii, which specializes in on-site marketing message solutions. This was followed by the acquisition of Orpak Systems in 2017, a company known for its fuel management solutions. Most recently, in 2022, they integrated Driivz into their portfolio, a firm that offers electric vehicle charging and energy management solutions.