Wright Express to Acquire New Zealand-Based Financial Automation Limited

SOUTH PORTLAND, ME – Wright Express has entered into a definitive agreement to acquire the assets of Financial Automation Limited for approximately US $9 million.

by Staff

August 1, 2008

1 min to read

SOUTH PORTLAND, ME – Wright Express, a provider of payment processing and information management services, has entered into a definitive agreement to acquire the assets of Financial Automation Limited (FAL), a New Zealand-based provider of fuel card processing software solutions, for approximately US $9 million. The transaction is expected to close in the third quarter of 2008, according to www.businesswire.com.

"We look forward to leveraging FAL's innovative technology as we work to understand and meet the international fleet card needs of oil companies around the globe," said Michael Dubyak, chairman, chief executive officer and president of Wright Express. "As a pioneer in the North American fleet card industry, Wright Express will continue to focus on doing what it does best: meeting the complex requirements of its customers, wherever they are located. Acquiring FAL will accelerate our time-to-market as a provider of fleet card solutions in new geographic markets worldwide."

Wright Express also appointed Joe Czternastek as general manager of international operations. He has more than 25 years of executive experience in the European corporate card market and specifically in the fuel card markets.

Topics:Wright Express Fuel

More Fuel

An Automotive Fleet podcast thumbnail on fuel volatility.

Fuel•June 30, 2026

Bob Adamsky on Fuel Volatility: "Don't Panic, Have a Plan."

When it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”

A blue, orange, and black graphic with Chris Brown and Ramel Lindsay.

Sponsored•by Chris Brown•June 29, 2026

How Fleets Can Gain Control of Non-Fuel Spend

Fuel often gets the spotlight, but non-fuel expenses can have a major impact on fleet costs. Ramel Lindsay of U.S. Bank Voyager discusses how fleets can gain better visibility and control over these often-overlooked expenditures.

Map of the Middle East beside fuel pump nozzles illustrating how regional supply disruptions are increasing fuel prices and raising fleet maintenance costs for petroleum-based products.

Fuel•June 25, 2026

Fuel is Just the Start: How Middle East Tensions are Driving Up Fleet Maintenance Costs

The Middle East conflict is doing more than pushing up fuel prices. It’s also raising the cost of key maintenance products your fleet depends on, from motor oil to tires to windshield wipers. Here’s what you need to know about this budget-busting situation.

Infographic showing U.S. average gasoline prices through June 2026, with prices falling after a May peak. Regional chart shows the West Coast with the highest fuel prices among major U.S. regions.

Fuel•by Faith Howell•June 23, 2026

June Fuel Update: Prices Fall Below $4

Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.

Fuel•by Chris Brown•May 30, 2026

Study: How 2026's Gas Price Hikes Affect Different Vehicle Types

New data from iSeeCars reveals how rising fuel costs have affected different vehicle segments as gasoline prices climbed nearly 46% over the past four months.

Are You Tracking Your Fleet's True Total Cost of Ownership?

Bobit Business Media surveyed 190 fleet professionals and found that while most fleets are tracking costs, fragmented systems and data gaps are keeping true TCO visibility out of reach. With rising pressure to control spend in an increasingly volatile environment, the gap between what fleets think they know and what the data actually shows is wider than you might expect. See how your peers are managing costs today and where the industry still has room to improve.