Who Owns Dover Fueling Solutions?
Dover Fueling Solutions is owned by Dover Corporation (NYSE: DOV), a publicly traded diversified manufacturer headquartered in Downers Grove, Illinois. Formed in 2016 by combining Wayne Fueling Systems with Dover's existing fueling businesses, DFS builds fuel dispensers, payment systems, and forecourt technology for gas stations and convenience retailers, with major operations in Austin, Texas and Dundee, UK.
Dover Fueling Solutions Timeline
GlobalOfficial Website
Who Owns Dover Fueling Solutions?
- Parent Company: Dover Corporation
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: DOV
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Dover Fueling Solutions | Dover Corporation | Wholly owned |
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History of Dover Fueling Solutions
- Founded: 2016
- Founders: Wayne Fueling Systems and Dover fueling businesses (combination)
The brand's heritage runs through several fueling dynasties. Tokheim, founded in Fort Wayne, Indiana in 1898, was one of the original gas pump makers and had relocated manufacturing to Dundee, Scotland, by the time Dover bought it in 2005. Wayne, built on the Wayne Oil Tank and Pump Company heritage dating to 1892, passed through Dresser Industries and GE Oil & Gas before Dover's 2016 acquisition.
Combining Wayne's North American dispenser strength with Tokheim's European footprint created a genuinely global fueling equipment business under the Dover Fueling Solutions name.
The modern business has pivoted beyond liquid fuels: DFS now supplies EV charging hardware and software, forecourt payment terminals, and the ClearView wetstock and site management platform, positioning for a forecourt future mixing gasoline, hydrogen, and electrons.
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About Dover Corporation
Is Dover Corporation publicly traded?
Yes. It trades on the NYSE under ticker DOV and is in the S&P 500.
What does Dover Corporation make?
Diversified industrial equipment across five segments: fueling systems, specialty pumps, product coding, commercial refrigeration, and engineered components for vehicle service, aerospace, and industrial markets.
Is Dover the same as Dover Elevator?
Dover Corporation once owned Dover Elevator, a major elevator maker, but sold it to Thyssen in 1999. The company today is a diversified manufacturer with no elevator business.
Who is the CEO of Dover?
Richard J. Tobin, president and CEO since 2018.
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How long has Dover raised its dividend?
70 consecutive years through 2025, one of the longest streaks in the market.
Where is Dover headquartered?
Downers Grove, Illinois, a Chicago suburb.
- Founded: 1947
- Headquarters: Downers Grove, Illinois, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: DOV
- Revenue: $8.1 billion (FY2025)
- Employees: Approximately 24,000
Where Is Dover Fueling Solutions Made / Based?
- Headquarters: Austin, Texas, USA
Dover Fueling Solutions Categories & Tags
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Dover Fueling Solutions Ownership: Pros & Cons
Advantages
- +Global dispenser manufacturing footprint in Austin and Dundee
- +Installed forecourt base generating parts and service revenue
- +EV and clean fuel pivot leverages existing customer relationships
Considerations
- -Gasoline dispenser volumes face long-term EV displacement
- -Gilbarco holds stronger US market share
- -Retail fueling capex is cyclical and oil-price sensitive
Frequently Asked Questions About Dover Fueling Solutions
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Sources & Further Reading
Competitors to Dover Fueling Solutions
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Dover Corporation | USA | 1892 | Mass market | Global | All Genders |
Learn More About Competitors
Competitive Analysis
Market Positioning: Dover Fueling Solutions competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Dover Fueling Solutions
Looking for brands with different ownership structures? These similar brands are not owned by Dover Corporation, giving you alternative choices that support different corporate structures.
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ACC Limited is privately owned, unlike Dover Fueling Solutions which is under a publicly traded parent company.
Conglomerates IndustrialAmbuja Cement
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Indian cement manufacturer providing construction materials and building solutions, owned by Adani Group since 2022.
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Ambuja Cement is privately owned, unlike Dover Fueling Solutions which is under a publicly traded parent company.
Conglomerates IndustrialBrevini
Owned by Dana
Dana's motion systems brand for industrial gearboxes and hydraulics, acquired in 2017.
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Brevini is privately owned, unlike Dover Fueling Solutions which is under a publicly traded parent company.
Conglomerates IndustrialCHS
Owned by CHS Inc.
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CHS is privately owned, unlike Dover Fueling Solutions which is under a publicly traded parent company.
Conglomerates IndustrialDalmia Cement
Owned by Dalmia Bharat Group
Indian cement and building materials brand owned by Dalmia Bharat Group, the fourth largest cement manufacturer in India by capacity.
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Dalmia Cement is privately owned, unlike Dover Fueling Solutions which is under a publicly traded parent company.
Conglomerates IndustrialGraybar
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The master brand of the employee-owned wholesale distributor of electrical, communications, and data networking products across North America.
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Graybar is privately owned, unlike Dover Fueling Solutions which is under a publicly traded parent company.
Dover Corporation Stock Information
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