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Gilbarco Veeder-Root offloads operations in Europe to TSG
Yahoo Financeยท 2025-09-30 13:44
Vontier company Gilbarco Veeder-Root has completed the divestiture of its European service operations to TSG, a provider of mobility solutions. First announced in May, the transaction aligns with Gilbarco Veeder-Root's strategy to optimise its business portfolio. The divestiture encompasses the company's service operations in the UK, Finland, Denmark, Sweden, Norway, Estonia, Latvia and Lithuania. Known for maintaining a variety of energy distribution infrastructures for mobility, TSG aims to extend its ...