Gilbarco Veeder-Root Completes Divestiture of European Service Operations to TSG

VNT
September 30, 2025
On September 29, 2025, Gilbarco Veeder-Root, a Vontier company, announced the completion of the divestiture of its European service operations to TSG, a European leader in technical services for responsible mobility solutions. The transaction marks the final step in the sale of the service business that had been previously announced earlier in the year. The divestiture is part of Vontier’s ongoing portfolio adjustments, allowing the company to focus on its core mobility technology businesses, including retail and commercial fueling solutions. The sale of the European service operations to TSG aligns with Vontier’s strategy to streamline operations and allocate resources to high‑growth areas. The transaction is expected to improve operational efficiency and free up capital for future investments and share repurchases. While the financial terms were not disclosed, the completion of the sale is a significant step in Vontier’s portfolio optimization plan. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.