FLEETCOR Enters into Full Outsourcing Private Label deal with Russian Fuel Retailer
02 November 2017 - 7:05AM
Business Wire
FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global
provider of commercial payment solutions, announced today that as
part of an acquisition transaction it has entered into a long-term
exclusive agreement to manage the commercial fuel card program for
GES Roznitsa.
Under the terms of the agreement, FLEETCOR will provide a full
range of transaction processing and program management services for
GES Roznitsa’s branded fuel card product.
“We’re pleased to announce this deal with GES Roznitsa, and look
forward to growing their branded fuel card business,” said Ron
Clarke, FLEETCOR’s Chairman and CEO. “This deal reinforces the
trend for major oil companies all around the world to outsource
their commercial fuel card programs. With our state-of-the art
Global FleetNet (GFN) platform - which can accommodate any
transaction in any currency and in any language – we are well
positioned to service those programs.”
About FLEETCOR
FLEETCOR Technologies (NYSE:FLT) is a leading global provider of
commercial payment solutions. The company helps businesses of all
sizes better control, simplify and secure payment of their fuel,
toll, lodging and other payables. With its proprietary payment
networks, FLEETCOR provides affiliated merchants with incremental
sales and loyalty. FLEETCOR serves businesses and merchants in
North America, Latin America, Europe, and Australasia. For more
information, please visit www.FLEETCOR.com.
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Investor Relationsinvestor@fleetcor.com770-729-2017
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