France: Tokheim Takes 60% of Background Ltd

Tokheim Group has announced  the acquisition of a 60% stake in Background2 Limited, a European London based  I.T. company specialising in the provision of back office and head office software for petrol stations, truck stops, airports and marinas.

The Background2 software products, Flow and Flow Commercial Fuels, are recognised as the most innovative in the market. Flow is a flexible .NET application for managing both the back office and head office operations of petrol forecourts.Flow Commercial Fuels is a derivative product providing a re-conciliation and invoicing solution for commercial fuel outlets.

Tokheim will support Background2 to further develop and enhance these products for both the UK and other markets throughout the world. The original founders of Background2 continue to hold the remaining equity and will be responsible for the day-to-day running of the business.

Background2's Managing Director, Keith Carsley, said “our primary objective has always been to become the leading independent provider of back office software to the fuel industry. We deal with many front-end hardware and back-end wholesaler partners. This is a strategy that we know works and Tokheim are fully supportive of. Tokheim have a strong global reputation and are able to provide a number of high-value resources that will enable our product range to scale new heights in the future”.

Kurt Dillen, Vice President of Tokheim’s System & Electronics Business Unit added “we believe that Background2 currently deliver great products to the market and will grow substantially over the next several years. The proven and established technical skills of Background2 will assist Tokheim in developing new and innovative solutions that will extend our systems product portfolio".

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