The Car and Truck Fleet and Leasing Management Magazine

Wright Express Completes Acquisition of Financial Automation Limited

September 02, 2008

SOUTH PORTLAND, ME – Wright Express Corporation has completed the previously announced acquisition of Financial Automation Limited (FAL), a New Zealand-based international provider of fuel card processing software solutions. With a total value of approximately US$9 million, the transaction was financed through the company's existing credit facility. With the closing of the transaction, Wright Express will launch its new Wright Express international division, which will be powered by FAL.

Wright Express also announced that Joe Czternastek has been appointed as the company's general manager of international operations. Czternastek has more than 25 years of senior management and consulting experience in the European corporate and consumer card markets, and specifically working with oil companies and service providers in the fuel card market.



Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

Michael Sims is fleet operations manager for the Church of Jesus Christ of Latter-Day Saints.

Read more

Up Next

More From The World's Largest Fleet Publisher