SÃO PAULO, SP, March 7, 2024 – EXCELbr, one of the global leaders in fuel management solutions and tire gauges, announced today the acquisition of xptec, one of main manufacturers and providers of hardware for automation of retail fuel stations in Brazil. With this acquisition, EXCELbr strengthens its strategic position by complementing its portfolio of innovative products, solutions, and services, as well as expanding its national and global presence.

EXCELbr is recognized as a supplier of products and solutions for control, management, and convenience for industrial, commercial, and retail stations and fueling points. Its wide portfolio of advanced solutions for fuel management and environmental monitoring positions EXCELbr to capitalize on the growing global demand for mobility and energy efficiency. With a network of authorized service organizations and distributors in more than 35 countries around the globe, EXCELbr‘s products are commercialized, installed, and maintained. Headquartered in São Paulo, SP, EXCELbr has operations in Brazil and United States of America.

Cristian Bazaga, CEO & President of EXCELbr, expressed his enthusiasm for the acquisition of xptec, highlighting the complementarity between the products and solutions of the two companies. “This transaction represents a significant strategic advancement, consolidating our position as one of the leading global providers of complete solutions for the fueling industry.”

The acquisition of xptec will drive an inorganic growth of approximately 30% in the first year of operation, also offering profitability opportunities through the synergy between the businesses. With xptec being one of the main manufacturers of forecourt controllers for fuel pumps and dispensers, the acquisition promises to further strengthen EXCELbr‘s position in the national and global markets.

In addition to the ongoing investments in Research and Development, EXCELbr plans to continue seeking for more acquisitions that benefit customers and shareholders, offering an even more complete package of integrated solutions for the operation and management of stations and fueling points.

About EXCELbr

EXCELbr is a Brazilian company recognized for its innovative solutions and advanced quality since 1990. Pioneer in the development of the first digital tire gauge, became one of the leaders in the fueling control, fleet management, automatic tank gauging and environmental monitoring. With more than 120 direct employees, EXCELbr promotes diversity and inclusion, committed to inspire and develop talents in a respectful and joyful work environment. For more information, visit www.excelbr.com.br.

About xptec

Based in Pato Branco, PR, xptec is one of the main and largest manufactures and providers of hardware for automation of fuel retail stations in Brazil. Operating in the market for over thirty years, xptec is recognized for offering technology, innovation, and quality in products and solutions for fuel pump control, automatic vehicle and user identification, leak detection, and tank gauging. For more information, visit www.xptec.com.br.