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Tokheim Wiki2Web Clarity Challenge

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Study Guide: Tokheim: Evolution and Global Impact in Fuel Retail Systems

Cheat Sheet:
Tokheim: Evolution and Global Impact in Fuel Retail Systems Study Guide

Company Profile and Core Business

Tokheim's primary manufacturing focus is on fuel dispensers, the essential equipment for vehicle refueling at service stations.

Answer: True

Explanation: The source explicitly states that Tokheim is primarily known as a manufacturer of fuel dispensers, which are integral to the operation of gas stations.

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Tokheim is recognized as a minor regional player in the global market for fuel dispensing equipment.

Answer: False

Explanation: The source indicates that Tokheim is recognized as one of the world's leading manufacturers and servicers of fuel dispensing equipment, contradicting the assertion of it being a minor regional player.

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Tokheim operates as a division within Dover Fueling Solutions, which is itself a part of the larger entity, Dover Corporation.

Answer: True

Explanation: The source explicitly states that Tokheim operates as a division within Dover Fueling Solutions, which is part of Dover Corporation.

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Tokheim's headquarters is situated in Fort Wayne, Indiana, its historical manufacturing base.

Answer: False

Explanation: Tokheim's current headquarters is located in Austin, Texas, not Fort Wayne, Indiana, although Fort Wayne was a historical location for the company.

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Tokheim primarily operates within the manufacturing industry, specifically focusing on the production of equipment for fuel retail systems.

Answer: True

Explanation: The source confirms that Tokheim primarily operates within the manufacturing industry, with a specific focus on equipment for fuel retail systems.

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John J. Tokheim is identified as the current default acting president of Tokheim.

Answer: False

Explanation: The source identifies Mike McCann as the default acting president, not John J. Tokheim, who was the company's founder.

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Tokheim is recognized as one of the world's leading manufacturers and servicers of fuel dispensing equipment.

Answer: True

Explanation: The source explicitly states that Tokheim is recognized as one of the world's leading manufacturers and servicers of fuel dispensing equipment.

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Tokheim's current primary focus is on developing electric vehicle charging infrastructure rather than fuel dispensers.

Answer: False

Explanation: Tokheim primarily operates in the manufacturing of equipment for fuel retail systems, with its main products being Fuel Supply Systems and fuel dispensers, indicating a continued focus on traditional fuel dispensing.

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Mike McCann holds the position of default acting president within Tokheim's leadership.

Answer: True

Explanation: The source identifies Mike McCann as the default acting president within Tokheim's leadership.

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Which product category represents Tokheim's primary manufacturing specialization?

Answer: Fuel dispensers

Explanation: Tokheim is primarily known as a manufacturer of fuel dispensers, which are the machines used at service stations to pump fuel into vehicles.

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Which statement accurately describes Tokheim's global market standing for fuel dispensing equipment?

Answer: One of the world's leading manufacturers and servicers

Explanation: Tokheim is recognized as one of the world's leading manufacturers and servicers of fuel dispensing equipment, signifying its substantial global presence and influence.

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Tokheim operates as a division within which larger corporate entity?

Answer: Dover Fueling Solutions

Explanation: Tokheim operates as a division within Dover Fueling Solutions, which is part of the larger Dover Corporation.

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Where is Tokheim's current corporate headquarters located?

Answer: Austin, Texas

Explanation: Tokheim's headquarters is situated in Austin, Texas.

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Who is identified as the default acting president of Tokheim?

Answer: Mike McCann

Explanation: Mike McCann is identified as the default acting president within Tokheim's leadership.

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Global Operations and Financials

Tokheim's products and services are utilized in over 40,000 service stations globally.

Answer: True

Explanation: The source explicitly states that Tokheim's products and services are utilized in over 40,000 service stations worldwide.

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Tokheim's customer base consists exclusively of major international oil companies.

Answer: False

Explanation: Tokheim's customer base is diverse, including both major international oil companies and smaller, independent distributors, not exclusively the former.

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Esso, Total, Shell, Intermarché, Carrefour, and BP are listed as some of Tokheim's notable customers.

Answer: True

Explanation: The source explicitly lists Esso, Total, Shell, Intermarché, Carrefour, and BP as notable customers of Tokheim.

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Tokheim has fewer than 1,000 employees distributed across a few subsidiaries in Europe.

Answer: False

Explanation: Tokheim employs over 5,400 individuals across 33 subsidiaries in Europe, Asia, and Africa, which contradicts the statement of fewer than 1,000 employees in only a few European subsidiaries.

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For the fiscal year ending April 2012, Tokheim reported sales totaling €643 million.

Answer: True

Explanation: The source confirms that Tokheim reported sales totaling €643 million for the fiscal year ending April 2012.

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The infobox for Tokheim reports a total of 5,400 employees.

Answer: False

Explanation: The infobox for Tokheim reports a total of 2,800 employees, not 5,400.

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Tokheim's global presence is limited to Europe and North America, with no operations in Asia or Africa.

Answer: False

Explanation: Tokheim has subsidiaries located in Europe, Asia, and Africa, indicating a global presence beyond just Europe and North America.

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Tokheim's customer base includes over 350 clients, ranging from major international oil companies to smaller, independent distributors.

Answer: True

Explanation: The source confirms that Tokheim's customer base is diverse, including over 350 clients from major international oil companies to smaller, independent distributors.

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Tokheim's sales figures for the fiscal year ending April 2012 were less than €500 million.

Answer: False

Explanation: Tokheim reported sales totaling €643 million for the fiscal year ending April 2012, which is greater than €500 million.

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Approximately how many service stations globally utilize Tokheim's products and services?

Answer: Over 40,000

Explanation: Tokheim's products and services are utilized in over 40,000 service stations globally.

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Which of the following is a notable customer of Tokheim?

Answer: Carrefour

Explanation: Carrefour is listed among Tokheim's notable customers, alongside Esso, Total, Shell, Intermarché, and BP.

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Approximately how many employees does Tokheim have across its international subsidiary network?

Answer: Over 5,400

Explanation: Tokheim has over 5,400 employees distributed across 33 wholly owned sales and services subsidiaries.

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What were Tokheim's sales figures for the fiscal year ending April 2012?

Answer: €643 million

Explanation: For the fiscal year ending April 2012, Tokheim reported sales totaling €643 million.

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According to the infobox, what is the reported total number of employees for Tokheim?

Answer: 2,800

Explanation: The infobox for Tokheim reports a total of 2,800 employees.

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Tokheim's customer base is diverse, encompassing over 350 clients, including which two primary categories?

Answer: Major international oil companies and smaller, independent distributors

Explanation: Tokheim's customer base is diverse, encompassing over 350 clients ranging from major international oil companies to smaller, independent distributors.

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Historical Origins and Early Innovations

The company Tokheim was named after its first successful product, the Tokheim Dome Oil Pump.

Answer: False

Explanation: The company was named after its Norwegian founder, John J. Tokheim, not after its product, the Tokheim Dome Oil Pump.

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Before his invention, John J. Tokheim worked in a hardware store located in Thor, Iowa.

Answer: True

Explanation: The source states that John J. Tokheim worked in a hardware store in Thor, Iowa, before developing his invention.

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John J. Tokheim's initial design for fuel storage was primarily motivated by a desire to create a faster dispensing mechanism.

Answer: False

Explanation: John J. Tokheim's initial design was motivated by concerns regarding the dangers of fuel storage, not primarily by a desire for faster dispensing.

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In 1898, John J. Tokheim designed an exterior fuel storage system that utilized a modified water pump to dispense fuel.

Answer: True

Explanation: The source confirms that in 1898, John J. Tokheim designed an exterior fuel storage system using a modified water pump for dispensing fuel.

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John J. Tokheim's 1898 design lacked the ability to accurately meter fuel delivery, which was a later improvement.

Answer: False

Explanation: A key advantage of John J. Tokheim's 1898 design was its ability to accurately meter fuel delivery, making this statement false.

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John J. Tokheim patented the world's first vehicle fuel dispenser in 1901.

Answer: True

Explanation: The source confirms that John J. Tokheim patented the world's first vehicle fuel dispenser in 1901.

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John J. Tokheim's pioneering invention was initially known as the 'Iowa Fuel Pump.'

Answer: False

Explanation: John J. Tokheim's pioneering invention was known as the Tokheim Dome Oil Pump, not the 'Iowa Fuel Pump'.

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John J. Tokheim was a Norwegian founder of the company.

Answer: True

Explanation: The source identifies John J. Tokheim as the Norwegian founder of the company.

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John J. Tokheim's 1898 design for fuel storage was an interior system, not an exterior one.

Answer: False

Explanation: In 1898, John J. Tokheim designed an *exterior* fuel storage system, not an interior one.

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The Tokheim Dome Oil Pump was John J. Tokheim's pioneering invention.

Answer: True

Explanation: The source identifies the Tokheim Dome Oil Pump as John J. Tokheim's pioneering and highly popular invention.

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The company Tokheim was named after its founder, who was of what nationality?

Answer: Norwegian

Explanation: The company Tokheim was named after its Norwegian founder, John J. Tokheim.

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Where did John J. Tokheim work before developing his initial fuel storage invention?

Answer: A hardware store in Thor, Iowa

Explanation: Before developing his invention, John J. Tokheim worked in a hardware store located in Thor, Iowa.

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What primary concern motivated John J. Tokheim's initial design for fuel storage in 1898?

Answer: Concern regarding the dangers associated with storing fuel

Explanation: John J. Tokheim's initial design for fuel storage was motivated by his awareness and concern regarding the inherent dangers associated with storing fuel.

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What was a key advantage of John J. Tokheim's 1898 fuel storage design?

Answer: It accurately metered the delivery of fuel.

Explanation: A key advantage of John J. Tokheim's 1898 design was its ability to accurately meter the delivery of fuel.

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In what year did John J. Tokheim patent the world's first vehicle fuel dispenser?

Answer: 1901

Explanation: John J. Tokheim patented what is recognized as the world's first vehicle fuel dispenser in 1901.

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What was the name of John J. Tokheim's pioneering invention that achieved widespread popularity?

Answer: The Tokheim Dome Oil Pump

Explanation: John J. Tokheim's pioneering invention, which became highly popular, was known as the Tokheim Dome Oil Pump.

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Corporate Development and Acquisitions

The Tokheim Manufacturing Company was founded in Cedar Rapids, Iowa, in 1901.

Answer: True

Explanation: The source confirms that the Tokheim Manufacturing Company was founded in Cedar Rapids, Iowa, in 1901.

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In 1918, Tokheim Manufacturing Company moved its operations to Austin, Texas, to be closer to its new owners.

Answer: False

Explanation: In 1918, the Tokheim Manufacturing Company was relocated to Fort Wayne, Indiana, not Austin, Texas.

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After its relocation to Fort Wayne, the company eventually became known as Tokheim Corporation.

Answer: True

Explanation: The source states that after its relocation to Fort Wayne, the company eventually became known as Tokheim Corporation.

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Tokheim successfully diversified its product line in the 1970s by introducing a popular bicycle gearing system.

Answer: False

Explanation: Tokheim's attempt to diversify into a bicycle gearing system in the 1970s was ultimately unsuccessful, not popular or successful.

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Tokheim Corporation's North American operations were acquired by First Reserve in 2003.

Answer: True

Explanation: The source confirms that Tokheim Corporation's North American operations were acquired by First Reserve in 2003.

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Following the 2003 acquisition, Tokheim's international assets were entirely owned by a management team, with no external equity.

Answer: False

Explanation: After the 2003 acquisition, Tokheim S.A.S. held 94% ownership by AXA Private Equity, with only 6% held by a management team, indicating significant external equity.

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Cognetas, previously known as Electra Partners Europe, acquired Tokheim S.A.S. in 2005.

Answer: True

Explanation: The source states that Cognetas, formerly Electra Partners Europe, acquired Tokheim S.A.S. in 2005.

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Tokheim was acquired by OPW in December 2015, a year earlier than reported.

Answer: False

Explanation: Tokheim was acquired by OPW in January 2016, not December 2015.

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The acquisition of Tokheim by OPW in 2016 led to the formation of one of the largest providers of fuel retail equipment globally.

Answer: True

Explanation: The source indicates that the acquisition of Tokheim by OPW in 2016 resulted in the formation of one of the largest global providers of fuel retail equipment.

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The Tokheim Manufacturing Company was founded in Fort Wayne, Indiana, in 1901.

Answer: False

Explanation: The Tokheim Manufacturing Company was founded in Cedar Rapids, Iowa, in 1901, and later relocated to Fort Wayne, Indiana.

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In 1918, the Tokheim Manufacturing Company was purchased by a group of executives from Fort Wayne, Indiana.

Answer: True

Explanation: The source confirms that in 1918, a group of executives from Fort Wayne, Indiana, purchased the Tokheim Manufacturing Company.

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Tokheim Corporation's North American operations were acquired by Dover Corporation in 2003.

Answer: False

Explanation: Tokheim Corporation's North American operations were acquired by First Reserve in 2003, not Dover Corporation.

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After the 2003 acquisition, Tokheim S.A.S. held 6% ownership by a management team.

Answer: True

Explanation: The source states that after the 2003 acquisition, Tokheim S.A.S. had 6% ownership held by a management team.

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The acquisition of Tokheim by OPW in 2016 resulted in a decrease in their combined global market position.

Answer: False

Explanation: The acquisition of Tokheim by OPW in 2016 led to the formation of one of the largest providers of fuel retail equipment globally, thereby enhancing, not decreasing, their combined market position.

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Where was the Tokheim Manufacturing Company founded in 1901?

Answer: Cedar Rapids, Iowa

Explanation: The Tokheim Manufacturing Company was founded in Cedar Rapids, Iowa, in 1901.

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What significant event occurred for Tokheim Manufacturing Company in 1918?

Answer: It relocated to Fort Wayne, Indiana, after being purchased by a group of executives.

Explanation: In 1918, a group of executives from Fort Wayne, Indiana, purchased the Tokheim Manufacturing Company and subsequently relocated the entire business to Fort Wayne.

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What was the outcome of Tokheim's attempt to diversify its product line in the 1970s with a bicycle gearing system?

Answer: It was ultimately unsuccessful.

Explanation: Tokheim's venture into marketing a bicycle gearing system in the 1970s was ultimately unsuccessful.

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Who acquired Tokheim Corporation's North American operations in 2003?

Answer: First Reserve

Explanation: In 2003, Tokheim Corporation's North American operations were acquired by First Reserve.

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What percentage of Tokheim S.A.S. was held by AXA Private Equity after the 2003 acquisition of international assets?

Answer: 94%

Explanation: Following the 2003 acquisition, Tokheim S.A.S. had 94% ownership held by AXA Private Equity.

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When was Tokheim acquired by OPW?

Answer: January 2016

Explanation: Tokheim was acquired by OPW in January 2016.

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What was the strategic significance of Tokheim's acquisition by OPW in 2016?

Answer: It led to the formation of one of the largest providers of fuel retail equipment globally.

Explanation: The acquisition of Tokheim by OPW in 2016 was significant because the combined entities formed one of the largest providers of fuel retail equipment in the world.

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In 2005, Tokheim S.A.S. was acquired by Cognetas, which was previously known by what name?

Answer: Electra Partners Europe

Explanation: Cognetas, which acquired Tokheim S.A.S. in 2005, was previously known as Electra Partners Europe.

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Product Range and Support Services

The infobox indicates that Tokheim's main products are Fuel Supply Systems.

Answer: True

Explanation: The infobox explicitly states that Tokheim's main products are Fuel Supply Systems.

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Tokheim's product range for the fuel retail industry is limited to only fuel dispensers and replacement parts.

Answer: False

Explanation: Tokheim offers a comprehensive range of products and services, including retail automation systems, payment terminals, media devices, and support services, in addition to fuel dispensers and replacement parts.

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Tokheim designs and assembles both fuel dispensing systems and electronic data and payment automation systems for the global fuel retail market.

Answer: True

Explanation: The source confirms that Tokheim designs and assembles both fuel dispensing systems and electronic data and payment automation systems for the global fuel retail market.

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Tokheim's support services for fuel dispensers are limited to manufacturing and do not include installation or maintenance.

Answer: False

Explanation: Beyond manufacturing, Tokheim provides extensive support services for fuel dispensers, including installation, ongoing maintenance, construction, and refurbishment.

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The provided image illustrates a Tokheim dispenser providing diesel fuel in Germany.

Answer: False

Explanation: The image depicts a Tokheim dispenser providing Gulf fuel, not specifically diesel fuel in Germany.

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An image in the article features a Tokheim AdBlue dispenser located in France.

Answer: True

Explanation: The article explicitly features an image of a Tokheim AdBlue dispenser located in France.

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Tokheim's main products, according to the infobox, are retail payment terminals.

Answer: False

Explanation: According to the infobox, Tokheim's main products are Fuel Supply Systems, not retail payment terminals, although they do offer payment terminals as part of their broader product range.

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Tokheim offers upgrade kits and replacement parts as part of its comprehensive range of products and services.

Answer: True

Explanation: The source confirms that Tokheim's comprehensive range of products and services includes upgrade kits and replacement parts.

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According to the infobox, what are Tokheim's main products?

Answer: Fuel Supply Systems

Explanation: The infobox indicates that Tokheim's main products are Fuel Supply Systems.

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Which of these is NOT a product or service offered by Tokheim to the fuel retail industry?

Answer: Aircraft manufacturing

Explanation: Tokheim offers fuel dispensers, retail automation systems, payment terminals, media devices, replacement parts, upgrade kits, and support services, but not aircraft manufacturing.

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What specific product is depicted in the image featuring a Tokheim dispenser in France?

Answer: An AdBlue dispenser

Explanation: The article features an image of a Tokheim AdBlue dispenser located in France.

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Beyond manufacturing, what types of support services does Tokheim provide for fuel dispensers?

Answer: Installation, maintenance, construction, and refurbishment

Explanation: Beyond manufacturing, Tokheim provides a variety of support services for fuel dispensers, including installation, ongoing maintenance, construction related to fuel dispensing infrastructure, and refurbishment of existing units.

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What types of systems does Tokheim design and assemble for the global fuel retail systems and services market?

Answer: Both fuel dispensing systems and electronic data/payment automation systems

Explanation: Tokheim designs and assembles both fuel dispensing systems and electronic data and payment automation systems for the global fuel retail systems and services market.

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