Dover Fueling Solutions Collaborates with Ardova Plc to Bring Automation to Fuel Retail Across Nigeria

Rhea-AI Summary

Dover Fueling Solutions (NYSE: DOV) has announced a major collaboration with Ardova Plc to automate fuel retail sites across Nigeria. The project, the largest of its kind in the region, will upgrade 1,000 pumps in Ardova's retail network with DFS Automation Solutions, including DFS Fusion® Automation Server and various ProGauge™ technologies.

The implementation will be executed by DFS' regional partner Mintin, and includes plans for Ardova to install Tokheim Quantium® fuel dispensers across hundreds of stations. This initiative builds upon DFS' established presence in Nigeria through its Tokheim® and Wayne® fuel dispenser ranges, marking a significant step in modernizing Nigeria's downstream sector.

Positive

• Strategic expansion of DFS automation technology in Nigerian market
• Large-scale deployment covering 1,000 pumps across Ardova's network
• Enhancement of operational efficiency through real-time monitoring capabilities
• Strengthening of DFS' market presence in Sub-Saharan Africa

Negative

• None.

News Market Reaction

-0.61%

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-0.61% News Effect

On the day this news was published, DOV declined 0.61%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DOWNERS GROVE, Ill., Aug. 27, 2025 /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 collaboration with Ardova Plc to bring automation to fuel retail sites across Nigeria, marking the largest project of its kind in the region.

The initiative will enable 1,000 pumps in Ardova's Nigerian retail network to be upgraded with DFS Automation Solutions, including DFS Fusion^® Automation Server Version 3, ProGauge^™ wired and wireless probes, ProGauge Maglink LX Ultimate^®, ProGauge™ MagDirect and DFS FCW Connect™. Ardova Plc also plans to install Tokheim Quantium^® fuel dispensers across hundreds of stations in the country. The project installation will be carried out by DFS' trusted regional partner, Mintin.

The Ardova partnership builds on DFS' well-established presence in the region through its Tokheim^® and Wayne^® fuel dispenser ranges, representing a new chapter in operational modernization and innovation for Nigeria's downstream sector.

"This partnership represents a pivotal moment in Ardova's transformation. As we digitize and modernize our retail network, the integration of DFS' automation suite empowers us to operate with greater agility, precision and transparency. We are not just adopting technology; we are reimagining how fuel retail should serve customers in a fast-changing world," said Abdul-Hakeem Buhari, Chief Strategy Officer at Ardova Plc.

"DFS is proud to celebrate this strategic collaboration with Ardova Plc and one of our trusted local partners, Mintin," said Jorge Bastos, Regional Sales Manager and Sub-Saharan Africa Team Leader at DFS. "Together, we are setting a new standard for dispenser and automation excellence in Nigeria. With our cutting-edge wired and wireless automation solutions, we are modernizing retail operations across the country – and this is just the beginning."

Kamil Adebumola, General Manager, Technology & Analytics at Ardova Plc, added, "Partnering with DFS on our service station automation project is a game-changer. We chose them for their strong regional presence, hands-on support, and deep expertise in automation. Gaining real-time visibility into underground tank levels and dispensing activity across our network has significantly enhanced transparency, reduced stock variances and enabled our team to make faster, data-driven decisions. DFS has proven to be a reliable and forward-thinking partner."

"This collaboration exemplifies how global innovation and local expertise can transform Nigeria's downstream sector," said Ernest Uduje, CEO of Mintin Ltd. "By pairing DFS' world-class automation solutions and fuel dispensers with Mintin's engineering capabilities and nationwide support network, Ardova's stations can now operate more efficiently and deliver a faster, smarter fueling experience for motorists across the country."

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
amy.cearley@doverfs.com 

Dover Media Contact:
Adrian Sakowicz, VP, Communications    
(630) 743-5039
asakowicz@dovercorp.com     

Dover Investor Contact:
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

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SOURCE Dover

FAQ

What is the scope of Dover Fueling Solutions' collaboration with Ardova Plc in Nigeria?

The collaboration involves upgrading 1,000 pumps in Ardova's Nigerian retail network with DFS Automation Solutions, including DFS Fusion® Automation Server and various ProGauge™ technologies, making it the largest project of its kind in the region.

How will the DFS automation technology benefit Ardova's operations?

The automation technology provides real-time visibility into underground tank levels and dispensing activity, enhancing transparency, reducing stock variances, and enabling faster, data-driven decisions.

Who will implement the DFS automation project for Ardova in Nigeria?

The project installation will be carried out by Mintin, DFS' trusted regional partner in Nigeria, combining DFS' global innovation with local expertise.

What specific DFS technologies will be implemented in Ardova's retail network?

The implementation includes DFS Fusion® Automation Server Version 3, ProGauge™ wired and wireless probes, ProGauge Maglink LX Ultimate®, ProGauge™ MagDirect, DFS FCW Connect™, and Tokheim Quantium® fuel dispensers.

How does this collaboration impact Dover's (NYSE: DOV) presence in Africa?

This collaboration strengthens Dover's presence in Sub-Saharan Africa, building upon its established market position through Tokheim® and Wayne® fuel dispenser ranges while expanding its automation technology footprint.