KSS Fuels acquires Market Planning Solutions, Inc.
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KSS Fuels announced today that it has completed its previously announced acquisition of Market Planning Solutions Inc. (MPSI) following approval by MPSI’s shareholders. KSS Fuels is a global leading provider of fuel pricing software, network planning services, data collection and related consulting and analytics services.
“With the integrated, global resources of our merged organization, we are now in a position to deliver even greater value to customers in the oil & gas and petroleum retail industries, as well as the rapidly developing needs of customers in emerging fuels markets,” said Bob Stein, president and chief executive officer of KSS Fuels. “In addition to expanding our services to fuel wholesalers and retailers, we look forward to leveraging the collective research, sales and marketing resources to accelerate our diversification into new market verticals and sectors. Our combined company is truly a global leader in Fuels Pricing Solutions and Network Planning/Site Survey Solutions now with 500 customers in 80 countries.”
KSS Fuels will continue to operate under both the KSS Fuels and MPSI brands for the foreseeable future, and will maintain and service existing products. Its headquarters will be in Manchester, UK, with US operations in Florham Park, NJ, and Tulsa, OK, and international locations serving customer needs in Latin America, Africa and Asia.
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