Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit Completed
FleetCor Technologies, Inc. is an American company that provides fuel cards and workforce payment products and services. Their customers include businesses, commercial fleets, oil companies, petroleum marketers and government in America, Netherlands, Belgium, Germany, Slovakia and various countries. The company provides services through two segments: North American and International segments. FleetCor's predecessor company was founded in the United States in 1986.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit CompletedThe Atlanta-based provider of payment services for transportation companies, had about 600 employees in Russia.
FLEETCOR Technologies, Inc., a leading global business payments company, on August 15, 2023 announced the sale of its Russia business to a local investment group. The transaction divests all of FLEETCOR’s operations in Russia. “We concluded the sale of our Russia business this week and are now completely out of the market. We are also announcing the launch of a $450 million ASR to buyback FLEETCOR stock,” said Ron Clarke, Chairman and CEO of FLEETCOR Technologies, Inc.
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