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Dover Fueling Solutions Announces Expanded Global Partnership Agreement with Bottomline

1. Dover Fueling Solutions partners with Bottomline for global supply chain optimization. 2. BX platform will enhance cost efficiency for fuel retailers worldwide. 3. Partnership expands successful European collaboration to a global scale. 4. DFS's technology enhances inventory control, reducing operational losses. 5. Global network enables efficient logistics and real-time operational monitoring.

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FAQ

Why Bullish?

This partnership could significantly increase revenue for DOV, similar to past successful project expansions.

How important is it?

The partnership enhances DOV's competitive edge in a crucial market, potentially driving long-term growth.

Why Long Term?

The global rollout of the BX platform may yield sustained revenue growth as clients optimize fuel logistics.

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, /PRNewswire/ -- Dover Fueling Solutions ("DFS"), a part of Dover (NYSE: DOV) and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, today announced a global partnership agreement with Bottomline to bring the BX platform, a cutting-edge supply chain optimization solution, to fuel retailers worldwide. DFS and Bottomline's partnership in Europe has helped customers save money since 2023. The companies are now expanding their successful partnership to benefit fuel retail businesses globally. The BX platform can be used to plan, monitor and reconcile deliveries from depot to tank. The smart algorithms enable real-time detection of operational issues, generate and optimize routes and effectively forecast inventories to help customers maximize cost efficiencies every step of the way. The powerful combination of the BX platform and DFS's ProGauge® Automatic Tank Gauge (ATG) consoles and probes and/or DX Wetstock® platform provides customers with an unparalleled wetstock and supply chain experience, allowing them to take full control of their inventory while delivering a valuable end-to-end solution that eliminates unnecessary losses. "This partnership brings a cutting-edge supply chain optimization solution to customers on a global scale," says Jeroen Van Pelt, Sales Director, DFS. "With the ability to plan, control and monitor the supply chain, retailers can reduce costs while ensuring efficiency from depot to tank." Léon van Rijswijk, CEO of Bottomline, added, "With DFS's strong global sales network, including regional sales teams and local distributors, we're excited to expand the reach of BX and transform fuel logistics together." For more information about this partnership, please visit www.doverfuelingsolutions.com About Dover Fueling Solutions: Dover Fueling Solutions® (DFS) is part of Dover Corporation and a leading provider of advanced energy dispensing equipment, electronic automation, point-of-sale and payment systems, automatic tank gauging and subscription solutions to fueling and convenience retail customers worldwide. Comprised of brands Wayne Fueling Systems, Tokheim®, OPW®, ClearView, PetroVend®, ProGauge, Fairbanks, AvaLAN Networks™, LIQAL and Bulloch Technologies®, DFS is dedicated to offering a broad range of solutions that power vehicles, including conventional fuel and clean energy products that support gasoline, diesel, bio-diesel and ethanol as well as LNG, H2, LPG, CNG and EV chargers. Headquartered in Austin, TX, DFS has a strong global manufacturing and technology development presence, including facilities in Brazil, Canada, China, India, Italy, Poland, Belgium, Sweden, the Netherlands, the United Kingdom, and the United States. For more information about DFS, visit www.doverfuelingsolutions.com. About Dover: Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com. Dover Fueling Solutions Contact:Amy Cearley, Director of Global Marketing Communications(512) 484-4259[email protected]  Dover Media Contact:Adrian Sakowicz, VP, Communications(630) 743-5039[email protected] Dover Investor Contact:Jack Dickens, VP, Investor Relations(630) 743-2566[email protected] SOURCE Dover WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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