The acquisition will strengthen Orpak’s global leadership in ForeFuel facilities
Leading solution and service provider for retail fuel stations and commercial fleets, Orpak Systems, has announced the purchase of a Greek company, a leading provider for fuel stations and c-store station automation in addition to fiscal inventory control (inflow-outflow) in the retail and home-base segments, Logicom.
Shay Bakfan, CEO at Orpak said, “Logicom’s acquisition is part of our global strategy to strengthen our market reach in target markets, such as Balkan countries. We are at the right point in time to offer our innovative solutions and Logicom has the quality, service and presence we need.”
“We are happy to become part of Orpak. The combination of Orpak's international presence, its advanced solutions with Logicom high quality fiscal automation and inflow-outflow solutions will dramatically improve our position in the industry,” said Filippos Zaimis, CEO of Logicom.
The acquisition will increase Logicom’s strong presence in the Greek market. Presenting new solutions such as Orpak’s ForeFuel (Fuel Payment by Vehicle’s RFID) and ForeVision (Business Insight & Optimization suite) to the retail segment, Logicom along with Orpak, will provide an added-value to the fuel market. This will leverage the marketing power and global reach of an international player such as Orpak bringing clear benefits to Orpak, Logicom and their customers. PWKD11052017