Acquisition by Gilbarco Veeder-Root

The internationally renowned fuel management technology company Gilbarco Veeder-Root recently acquired the controlling stake in the AFS Group while retaining the credible BBBEE business partner Calulo.

The Danaher Group consists of a number of high profile companies, employs 63,000 people globally and operate in 40 countries in 5 main areas of business.

This acquisition has strengthened the ability of the company to diversify its range of products and solutions in the fleet management industry with the support of funding and international expertise which has allowed the company to make a substantial investment in Fleet Management Systems to integrate the bank, technology and various service provider solutions.