Austin, TX (May 7, 2014) – Wayne, A GE Business, and a global innovator of fuel dispensers and forecourt technologies, today announced that Riverstone Holdings LLC, an energy and power-focused private equity investment firm, has signed an agreement to acquire the Wayne business from GE. The transaction will enable Wayne to continue to provide world-class service and support to customers while pursuing the innovative technologies for which the company is known, including the Wayne Helix™ fuel dispenser and the Wayne Fusion™ forecourt system.
Riverstone, which previously owned a significant stake in Wayne …
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