INGENICO GROUP announces the closing of Bambora's acquisition
14 Novembre 2017 - 6:25PM
Press
Release |
Paris, 14th November 2017 |
Ingenico Group (Euronext: FR0000125346 - ING), the global leader
in seamless payment, today announced the closing of Bambora's
acquisition, after obtaining approval from the relevant regulatory
and antitrust authorities.
The acquisition of this fast-growing player in
payment services represents a key milestone in Ingenico Group's
strategy as it:
- Enables the Group to accelerate the development of its Retail
division through a direct-to-SMB channel in the Nordic countries
and to deploy the successful model of Bambora in new markets.
- Enhances the full-service offer with a modern and efficient
acquiring platform which will bring greater flexibility and speed
in the boarding of new merchants.
- Extends its geographical exposure both online and
in-store.
"From a purely hardware company selling
terminals to banks & acquirers, Ingenico Group has, over the
past decade, continuously shifted its model towards payment
services. Bambora is a key milestone in that strategy. Its
integration into our group will enable us to scale up our Retail
business, which is key on our path to further improve our position
as an undisputable leader of the seamless and omnichannel payment
experience," said Philippe Lazare, Chairman and Chief Executive
Officer of Ingenico Group. "The whole group joins me in warmly
welcoming all the employees of Bambora and I look forward to
working closely with them."
About Ingenico Group
Ingenico Group (Euronext: FR0000125346 - ING) is
the global leader in seamless payment, providing smart, trusted and
secure solutions to empower commerce across all channels, in-store,
online and mobile. With the world's largest payment acceptance
network, we deliver secure payment solutions with a local, national
and international scope. We are the trusted world-class partner for
financial institutions and retailers, from small merchants to
several of the world's best known global brands. Our solutions
enable merchants to simplify payment and deliver their brand
promise.
Stay in touch with
us:www.ingenico.com
twitter.com/ingenico
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Contacts / Ingenico Group
Investors Laurent MarieVP Investor Relations & Financial
Communication laurent.marie@ingenico.com (T) / (+33) (0)1 58 01 92
98 |
InvestorsKevin WoringerInvestor Relations
Managerkevin.woringer@ingenico.com(T) / (+33) (0)1 58 01 85 09
|
CommunicationCoba TailleferExternal Communication
Managercoba.taillefer@ingenico.com(T) / (+33) (0)1 58 01 89 62 |
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