GREENSBORO, N.C. – Gilbarco Veeder-Root and Finland-based Autotank, a payment and forecourt equipment provider, are joining forces to develop and manufacture products adapted to the Nordic market – a market where customers “need robust performance in sub-zero temperatures, coupled with global cost efficiencies and forecourt marketing capability,” according to a press release.

Together, the companies will work to ensure Gilbarco’s dispensing equipment is compatible with Autotank’s existing payment and forecourt management systems. The companies will also launch new products that build on Gilbarco’s “exclusive axial flow metering technology Service, spares and installation.”

“This is an exciting cooperation that will enable customers in the Nordic to benefit from GVR’s global technology leadership, coupled with Autotank’s local ability to adapt, install and maintain cost-efficient petrol station forecourts,” Peter Dilnot, Gilbarco Veeder-Root’s EMEA managing director in the release, adding, “We are committed to leveraging the full range of our combined capabilities to offer market-leading products and services in the region.”

“We have been working together on pumps and tank level gauges for some time already, and this announcement is a logical and very positive step forward for our companies,” added Autotank CEO Peter Hutton.