Press Release: Gilbarco Veeder-Root Europe Wins Fuel Dispenser Contract with CEPSA

Basildon, 29/07/2013 - Gilbarco Veeder-Root will provide CEPSA with fuel dispensers to support their retail fuel operations across Spain and Portugal as part of a three year contract.

The award of this contract follows much hard work, which saw Gilbarco Veeder-Root work in partnership with CEPSA to understand the challenges they were facing and then develop the solutions best suited to their needs. The end result will see Gilbarco Veeder-Root provide fuel dispensers from across its portfolio, including its flagship SK700-II dispenser. Gilbarco Veeder-Root will also continue to work closely with CEPSA by looking at introducing new solutions to the Spanish market, particularly with regards to alternative fuels such as AdBlue® and LPG.

Ricard Blanco, Director of CEPSA Solutec said: "This contract was awarded following a rigorous selection process by CEPSA. As a result, we are confident that Gilbarco Veeder-Root and its distribution partners will meet CEPSA's requirements, particularly with regards to product performance, reliability and innovation. We have evaluated Gilbarco Veeder-Root technically to ensure that CEPSA would be provided with the solutions best suited to its needs."

Duco Veltkamp, Gilbarco Veeder-Root Sales Director, Western Europe commented: "I am delighted that CEPSA has chosen Gilbarco Veeder-Root as its sole fuel dispenser supplier for the next three years. This contract award demonstrates Gilbarco Veeder-Root's commitment to building better business for its customers. By working closely with our local fuel dispenser distributors to truly understanding the challenges faced by CEPSA, we have been able to deliver a high quality and reliable solution, best suited to their needs. We now look forward to continuing to work closely with and support CEPSA as they look towards introducing alternative fuels to their forecourts."

For more information contact:

Helen Mayes
Senior Marketing Communications Executive
+44 (0) 1268 533090
helen.mayes@gilbarco.com

About Gilbarco Veeder-Root

Gilbarco Veeder-Root is a global market leader in fuelling and payment systems for convenience stores, hypermarkets and service stations. With a universal range, global reach, deep-rooted expertise and superior customer service, Gilbarco Veeder-Root is committed to building better business for its customers. By understanding the challenges that our customers face, we are able to meet their needs with adaptable and expandable solutions.

Our range of solutions are designed to maximise uptime and profitability. These include:

• Retail Solutions - A comprehensive selection of POS, BOS and HOS for retail forecourts.
• Business Support - Onsite and remote service and support designed to protect assets and drive operational efficiency.
• Pumps & Dispensers - An unparalleled range of robust, reliable, accurate and secure technology.
• Wetstock Management - Smart solutions to enable the total control of wetstock monitoring, consolidation and reconciliation.

The Gilbarco Veeder-Root group of companies has manufacturing, sales, distribution, and service locations in North and South America, Europe, Asia and the Pacific Rim. It is headquartered in Greensboro, NC, with manufacturing and research and development centres in Germany, Italy, UK, Denmark, U.S., India, Argentina, Brazil, China, Australia and Mexico. The European, Middle East and Africa headquarters is based in Basildon, United Kingdom.

About CEPSA

CEPSA is a 100% IPIC energy group, with a workforce of more than 11,000 employees, engaged in activities that span the entire oil value chain: exploration and production of oil and gas; refining, transportation and marketing of petroleum products and natural gas; biofuels; and electric power cogeneration and sales. CEPSA has a world-class petrochemicals division that is tightly integrated into its oil refining segment, manufacturing and selling raw materials for the production of high value-added components chiefly used in making new-generation plastics and biodegradable detergents. Not only is CEPSA a major player in Spain, but it is also broadening its global portfolio of operations in countries such as Algeria, Brazil, Canada, China, Colombia, Panama, Peru and Portugal, selling its products around the world.