Avanceon signs 3-year licensee agreement with Dover Fueling Solutions

March 26, 2021: Avanceon Limited is pleased to announce that it has signed a new three-year licensee agreement with Dover Fueling Solutions (“DFS”), a part of Dover Corporation. DFS delivers advanced fuel dispensing equipment, electronic systems and payment, fleet systems, automatic tank gauging and wetstock management. Avanceon will provide DFS’ wetstock management services in Pakistan, with the view to expanding into UAE, Saudi Arabia, and Qatar markets.

Avanceon has built its reputation as a leading provider of industrial automation, process control and systems integration, as well as proprietary energy management solutions and support services, over the past two decades. With a strong market presence throughout the Middle East, Southeast Asia and North America, this new agreement will mark Avanceon’s debut into the wetstock management sector and will be a significant contributing factor in helping DFS capture a substantial market share in this highly specialized, expanding, downstream industry segment.

Junaid Mushtaq Paracha, Vice President Operations (South Asia Region) said,

“We are very pleased to be able to add DFS’ wetstock management services to our current offering, which  together with DFS’ automation and tank gauging solutions, provides us with a unique advantage in the market to deliver unmatched wetstock control and monitoring capabilities. We are really looking forward to providing this service to the region, where the opportunities for our customers to invest in advanced, analyst-led, third-party monitoring until now have not existed. This collaboration is a good strategic move for Avanceon, and one that I am sure will help reinforce our commitment to our clients and deliver to them an excellent return on investment.”

The new agreement will provide Avanceon access to expert support from DFS’ Analyst Center in Skelmersdale, UK, which is the largest fuel management analysis center in the world. This, coupled with the local expertise of Avanceon’s own analysts and automation support experts, operating out of their base in Lahore, will allow Avanceon to offer additional after-sales support to over 8000 sites in Pakistan.

Tim Firkins, DFS Business Development Senior Manager, commented,

“Avanceon is dedicated to serving the market with the best products, services and maintenance for fuel distribution and refueling sites, including DFS’ automation products, such as the Wayne Fusion™ forecourt system and automatic tank gauges. We are very much looking forward to developing DFS’ relationship with Avanceon, and - through working closely together in this partnership - we are confident that we can deliver an innovative portfolio of products and solutions that will exceed customer expectations in the region.”

Avanceon offers one of the most comprehensive solutions for retail fuel station automation. Its industry-best integrated automation and data management solutions help our customers successfully meet business challenges and maximize return on investments.

Press Release