Tokheim is a global leader in the design and manufacturing of both fuel dispensers and associated systems including payment terminals, POS, back-office systems and offers maintenance and value-added services to operators.

Present in over 100 countries worldwide, the Group operates in 33 of them and owns 4 assembly plants: its historical factory in Scotland and 3 others opened during the investment period of Motion Equity Partners (in China, India, and Brazil).

Under the ownership of Motion EP, Tokheim’s sales have more than doubled, increasing from €360 million to over €700 million, thanks to several industrial developments in Asia and Latin America, primarily driven by an ambitious external growth strategy (20 acquisitions completed, all crossborder).

Between 2005 and 2015, Motion Equity Partners contributed to the international development of Tokheim, helping it building a strong market position worldwide:

  • Building the Group into a new dimension through value-creating projects and external growth, with more than 20 add-ons completed, aimed at strengthening its presence in Europe and acquiring new technologies.
  • Drove greenfield development in emerging markets such as Asia, India and Latin America to re-balance Tokheim’s geographical footprint toward fast-growing markets
  • Successful investment in value-added services with 2 sizeable add-ons: Fairbanks (data analytics) & Start Italia (innovative fuel dispensers).

Status

Divested

Date of investment

2005 – 2015

Website

tsg-solutions.com

BACK TO PORTFOLIO
360

Entry Sales (2005)

700

Exit Sales (2015)

n.a.

MoM multiple

n.a.

IRR

“Tokheim’s strategy hinged upon our ability to replicate our business model globally, and flexibility to quickly analyse and execute on potential acquisitions. With Motion’s support, we were able to turn Tokheim from a EMEA focused business into a global business with expansion in China, India, Brazil, etc…We acquired a dozen of companies over their ownership period, both in our core business and as strategic diversification. Motion's hands on, pragmatic approach and open communication allowed us to develop the trust and mutual respect that underpin any successful partnership.”

Baudouin De La TourCEO of Tokheim