Avanceon to enter retail fuel station automation space in Pakistan via agreement with DFS

News Image

MG News | July 23, 2019 at 03:36 PM GMT+05:00

0:00

July 23, 2019 (MLN): Avanceon Limited has signed a distribution agreement with Dover Fueling Solutions (DFS) to offer high-end integrated control and automation solutions for the retail fueling stations in Pakistan.

The agreement was signed in the DFS offices in Dubai, UAE and see the two companies collaborate on a number of high-profile projects in the near future.

Under this agreement, Avanceon will serve as a local distributor, sales representative and service provider for all of the DFS product brands, promoting all of DFS’ products, services and solutions including the products brands of OPW FMS, ProGauge, Tokheim and Wayne Fueling Systems.

Dover Fueling Solutions, a part of Dover Corporation, delivers advanced fuel dispensing equipment, electronic systems and payment, automatic tank gauging and wet-stock management solutions to customers worldwide. This partnership will mark Avanceon’s entry into the retail fuel station automation space and will assist in capturing a significant market share in this highly specialized, expanding downstream industry segment in Pakistan.

Syed Adeel Haider, Senior Business Manager Oil & Gas from Avanceon commented, “With Avanceon’s years of expertise in control and automation combined with DFS’ world class fueling solutions, we aim to provide true value to the key players in fuel retail and oil marketing companies in Pakistan.”

Jeroen de Gruijter, DFS Managing Director, EMEA commented added, “We are very much looking forward to developing DFS’ relationship with Avanceon and through working closely together. We are confident that we can deliver an innovative portfolio of products and solutions that will exceed customer expectations in the region.”

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,960.65
392.43M
0.97%
1646.79
ALLSHR 103,659.28
947.75M
0.62%
643.69
KSE30 52,557.52
150.39M
1.36%
703.46
KMI30 245,023.89
112.16M
1.14%
2764.20
KMIALLSHR 67,064.35
524.22M
0.51%
340.18
BKTi 47,590.36
57.61M
1.56%
728.93
OGTi 33,487.27
7.87M
-0.38%
-127.99
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 85,350.00 85,640.00
85,135.00
530.00
0.62%
BRENT CRUDE 59.68 59.80
59.58
-0.14
-0.23%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.25
2.54%
ROTTERDAM COAL MONTHLY 97.50 97.50
97.50
0.75
0.78%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 55.84 55.99
55.75
-0.16
-0.29%
SUGAR #11 WORLD 14.47 14.80
14.38
-0.29
-1.96%

Chart of the Day


Latest News
December 19, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


December 18, 2025 at 10:07 PM GMT+05:00

SBP reserves nears $16bn


December 18, 2025 at 05:22 PM GMT+05:00

PKR remains flat against USD


December 18, 2025 at 05:19 PM GMT+05:00

Bank of England cuts rate to 3.75%


December 18, 2025 at 04:33 PM GMT+05:00

World Bank backs Pakistan’s gas sector sustainability drive



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg