Wayne continues fuel management expansion with Simmons acquisition

Wayne Fueling Systems, a global provider of equipment for retail and commercial fuel stations, will continue their expansion in the fuel management service sector by acquiring Simmons Sirvey.

The move comes only a week after Wayne announced the acquisition of Vianet Fuel Solutions Limited, the fuel management subsidiary of the Vianet Group.

Wayne will take control of all of Simmons’ products and technology solutions, including the ClearView™ software which provides real-time fuel monitoring and analytics for fueling station owners; Simmons SIR, an established SIR that meets the U.S. Environmental Protection Agency (EPA) requirements for fuel reconciliation; an Underwriters Laboratory certified wet-stock measurement probe; and other hardware components that are used in the tank monitoring and FMS process.

“We are excited to reach this agreement with Simmons,” noted Wayne Chief Executive Officer, Neil Thomas. “Coupled with our recently announced Vianet Fuel Solutions acquisition which also provides fuel management services, Simmons will help complete Wayne’s vision of providing a comprehensive fuel management solution to our customers around the world.”

The transaction is expected to be completed in the first quarter of 2016.

“We’re pleased to divest our products and services to a company with such a robust history of retail fuel innovation,” noted Myra Canterbury, Simmons President. “We’re confident that the technologies developed by Simmons will fit well into Wayne’s portfolio and will have a very strong future.”