SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Filed pursuant to Section 12, 13, or 15(d) of
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report April 3, 1996
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(Date of earliest event reported)
TOKHEIM CORPORATION
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(Exact name of registrant as specified in its charter)
Indiana 1-6018 35-0712500
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(State of Incorporation) (Commission File Number) (I.R.S. Employer I.D. No.)
10501 Corporate Drive, P.O. Box 360, Fort Wayne, Indiana 46801
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (219) 470-4600
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The undersigned registrant hereby reports as to the following matters:
ITEM 5: OTHER EVENTS
Tokheim Corporation announced a significant strengthening of its relationship
with the Royal Dutch Shell Group of companies through having been chosen as
the exclusive supplier of fuel dispensing equipment for Shell's operating
companies in 6 Asian countries, including Hong Kong, Malaysia, Pakistan, The
Philippines, Singapore and Thailand.
Under the agreement the parties have the option of extending the relationship
to other countries in the area. It is estimated the agreement covering the
initial 6 countries could add $50 to $70 million in total sales over a 3 year
period.
The Shell Asia Pacific agreement follows Tokheim having been selected in 1993
by Shell Europe as exclusive supplier in 12 (subsequently 18) European
countries. The Company's United Kingdom subsidiary had been selected previously
by Shell to provide equipment needs in England, Scotland, and Wales.
Tokheim's selection was based on product reliability, quality, and cost benefit
relationship, the flexibility and compatibility of our hardware and software
designed with in-place Shell systems, our demonstrated technical leadership in
the industry and our related ISO 9000 manufacturing certification. The
relationship developed as a result of a cohesive cooperative effort on the
part of executives from every functional discipline within the Company -
marketing, sales, engineering, manufacturing, and finance - to understand
Shell's unique needs in a particular region of the world, and focus Tokheim's
full resources on meeting those needs. It is a strategically important
contract due to the growth potential in the Asia Pacific Region.
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Tokheim's initiative in becoming a leading global supplier on the most
stringent global manufacturing standard has been in alignment with Shell's
own strategic initiatives to globally integrate its operations within contiguous
geographic regions that can benefit from standardization and central purchasing
of equipment and systems. The growing relationship with Shell stands as
tangible evidence of the value of such strategic partnerships to each party.
Shipments under the agreement are commencing immediately.
ITEM 7: FINANCIAL STATEMENT AND EXHIBITS
(b) Pro forma Financial Information.
(1) No pro forma financial information is required pursuant to Article 11
of Regulation S-X.
(c) Exhibits.
None.
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SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Tokheim Corporation
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(Registrant)
Date: April 12, 1996 DOUGLAS K. PINNER
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President and Chief
Executive Officer
Date: April 12, 1996 JOHN A. NEGOVETICH
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Vice President and
Chief Financial Officer
