Orpak Acquires Munich-based TABA® Home Base Automation Business

June 14th, 2016 – Orpak Systems, a leading solution and service provider for retail gas stations and commercial fleets, today announced it has successfully completed the acquisition of the Home Base Automation business from TABA® Technology GmbH in Munich, Germany.

Following the acquisition and the establishment of a wholly owned subsidiary in Germany, Orpak Systems GmbH, Orpak is substantially strengthening its presence and leadership in Europe and Germany, enhancing the delivery of leading technology as well as added-value services to customers nationwide.

"Both Orpak and TABA have been leaders in the Home Base market for more than 25 years," said Dieter Kempener, Sales Director of Orpak Systems GmbH. As part of the acquisition agreement, Orpak is fully committed to provide ongoing support for TABA's customers, and securing the availability of spare parts for all of TABA's products. "Orpak intends to continue TABA’s activities, to maintain, as well as serve TABA's existing installations and customers at the highest standards with dedicated and professional local personnel," commented Shraga Katz, Managing Director of Orpak Systems GmbH.

"To ensure this successful synergy, Orpak Systems GmbH was founded in Munich with the integration of TABA's customer service organization. Simultaneously, Orpak Systems GmbH will deliver Orpak’s market leading products and solutions to customers in Germany. Together, we are ensuring both continued support of longtime TABA customers, and offering them as well as the rest of the German market, a roadmap with smooth assimilation to Orpak’s state-of-the-art industry leading fuel and fleet management solutions," Shraga Katz added.

Longtime Owner and General Manager of TABA, Prof. Kemal Orak, is committed to fully supporting Orpak and guaranteeing seamless migration for all of their customers: "We are very pleased to have secured a strong and loyal partner such as Orpak, who we know will ensure operational safety to TABA® customers and users alike. Indeed, it is our customers who will benefit from this acquisition and profit from future business growth with Orpak’s state-of the art solutions and technologies." Furthermore, Prof. Orak will take on an advisory role for Orpak Systems and its customers.

Orpak and TABA will be showcasing their new generation of solutions for commercial fleets and fuel retailers at UNITI expo 2016, June 14-16, 2016, Stuttgart. Visit Orpak and TABA in Hall 3, Booth 3D52.

About Orpak

Orpak delivers comprehensive solutions to oil companies and commercial fleets, improving profitability and optimizing performance from the forecourt to the head office. Our hardware, software and services enhance the entire retail fuel network and fleet management value chains, be it the single fuel transaction, retail network optimization or business analytics. Orpak has a 25-year track record of success and innovation. Known for rapid deployment of large endto-end projects, our field-proven products are installed in more than 30,000 service stations and 6.5 million vehicles across 60 countries. Orpak solutions are distributed via an international network of subsidiaries and value-added partners. For more information, contact us at info@orpak.com or visit www.orpak.com.

About TABA

TABA Technology GmbH is one of the leading German developers and manufacturers of fueling data acquisition terminals, founded in Munich in 1959, with a long list of successful installations at Home Base sites in Germany and abroad. Numerous long lasting partnerships with installation companies and satisfied customers certify the success of TABA.