Wright Express Completes Acquisition of Fleet One
SOUTH PORTLAND, ME - Wright Express Corp. announced it officially completed its acquisition of Fleet One on Oct. 4 after receiving regulatory approval. Fleet One is now a wholly owned subsidiary of Wright Express.
“Today marks day one for our combined company,” said Michael Dubyak, Wright Express’ chairman, president and chief executive officer. “Fleet One’s strong over-the-road business rounds out our product capabilities to better serve our mixed fleet and co-branded customers, and also accelerates acceptance in Canada. Their local fleet and private label business complements our core fleet business and further builds upon Wright Express’ Americas fleet business, a core tenet of our multi-pronged growth strategy. Fleet One is a great addition to Wright Express, and I’m excited by the new opportunities this acquisition affords our combined entities.”