Dover FS's asset
Dover FS

@wayne.com

Dover Fueling Solutions develops industry-leading fuel dispensing equipment, electronic systems, automatic tank gauging & more to help transform your forecourt.

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Description

Dover Fueling Solutions (Dover FS) is a leading provider of advanced fuel-dispensing equipment, electronic systems, and payment, fleet, and retail solutions for the global petroleum industry. The company is based in Austin, Texas, United States, and serves customers in over 150 countries around the world. Dover FS has a rich history that dates back to 1884 when the company was founded as Wayne Oil Tank & Pump Company in Fort Wayne, Indiana.


Over the years, the company expanded its product offerings and acquired several companies to strengthen its position in the fueling solutions industry. In 2016, Dover Corporation, a diversified global manufacturer, acquired Wayne Fueling Systems and combined it with Tokheim Group to form Dover FS. The company's headquarters in Austin, Texas, serves as a central hub for its operations.


It houses executive leadership, research and development, and strategic functions. From this location, Dover FS coordinates its global supply chain and supports its worldwide customer base. Dover FS offers a wide range of products and services to the petroleum industry.


Its main product categories include fuel dispensers, point-of-sale systems, payment solutions, remote monitoring systems, and fuel control systems. Additionally, the company provides comprehensive maintenance and support services to ensure optimal performance of its equipment. On a global scale, Dover FS has a strong presence through its subsidiaries, joint ventures, and partnerships.


Some of its noteworthy subsidiaries include OPW, ProGauge, Fairbanks, and ClearView. The company also has joint ventures with leading companies such as China National Petroleum Corporation and PT Adaro Energy Tbk. Dover FS holds a prominent market position in the fuel-dispensing industry, known for its innovative solutions and technological advancements.


It has a significant share of global sales, with a strong presence in North America, Europe, Asia-Pacific, and the Middle East. The company faces competition from industry players like Veeder-Root, Gilbarco Veeder-Root, and Tatsuno Corporation. In recent years, Dover FS has achieved several milestones and undergone strategic transformations to fuel growth.


In 2019, the company introduced Dover SmartSolutions, an ecosystem of integrated digital technologies for convenience retailers. This initiative aimed to enhance operational efficiency and customer experience. Furthermore, Dover FS expanded its presence in emerging markets, introducing localized solutions tailored to meet regional needs.


As of the latest available information, Dover FS continues to innovate and expand its product portfolio. The company remains committed to delivering industry-leading fueling solutions and maintaining its position as a global leader in the market

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