FleetCor, a leading independent global provider of specialised payment products and services, on a 10-year, €300 million (£253 million) contract to support Shell's Commercial Fleet fuel cards programme in Europe and Asia. The deal involved FleetCor teaming up with Logica, a leading business and technology service company, to deliver the service to Shell. Logica, as the prime contractor to Shell, will join FleetCor to provide the technology platform and underlying business processes to run Shell's fuel card portfolio. FleetCor's Global FleetNet (GFN) card processing platform will be used to develop Shell's customer offering.
Faegre Baker Daniels advised FleetCor on the transaction.