Leighton O’Brien announces strategic partnership with Wolftank Adisa Group

Melbourne, Australia, 6 October 2016 –- Leighton O’Brien, a leading fuel software and field technologies company, today announced a strategic partnership with Wolftank Adisa Group, a leader in storage tank corrosion protection and leak prevention technologies.

Wolftank will become a Licensed Service Partner for Leighton O’Brien’s market-leading leak detection and fuel restoration technologies throughout Western Europe and complements Wolftank’s existing suite of tank lining technology solutions.

Leighton O’Brien CEO Reed Leighton said the partnership will enable the company to introduce and market its technology suite throughout Western Europe, as well as market and support Wolftank’s technology portfolio in the Asia Pacific region.

“There are many commercial and cultural synergies between our companies,” he said.

“Our leak detection and cleaning solutions complements their premium monitoring and cleaning offerings to provide a comprehensive, best in class technology suite to help fuel retailers optimise their fuel tank and equipment assets, prevent leaks and ensure optimum health of their tanks systems.

“There is also strong alignment with our organizational values and approach to business in terms of being leaders in safety and quality, excellence in customer experience, valuing local relationships and dedication to bringing best of breed technology solutions to market.

“Europe, like the USA and Australia, has moved to modern fuel formulations which are changing the rules for fuel retailers and preserving the lifecycle of their storage tank asset. Major oil companies need to perform divestment and acquisition testing with the best technology available and third party review to protect their interests.

Dr. Peter Werth, CEO of Wolftank said: “I am particularly happy to complete our service portfolio with this advanced technology, offering the best available solution to our customers.”

“This partnership also enables us to extend our cleaning solutions for tanks in operation to remediate microbial growth, phase separation and water contamination,” he said.

Mr Leighton said both companies were progressing market development opportunities.

About Wolftank

Wolftank Adisa Group is a leading tank lining technology company operating with 30 years’ experience. Special resins for heavy corrosion protection are produced in-house in Switzerland. More than 20,000 UST and AGST were refurbished and converted from single wall to double wall with our patented solutions, delivering continuous condition monitoring and therefore excluding environmental damage, guaranteed.