Looking for funding? Subscribe to news
Shape

Cennox acquires Diebold UK

Cennox proudly confirms that after a detailed process, the CMA (Competitions & Markets Authority, the UK body responsible for investigating mergers that could restrict competition) has approved the sale of Diebold UK & Ireland, to Cennox, a leading provider of Banking Solutions.

This major industry development launches a strong new partnership between two organisations whose focus continues to be providing a complete end-to-end and truly multi-vendor approach to the provision of Hardware, Software, Security and Service delivery.

Clive Nation, CEO, Cennox said: “The Diebold UK and Ireland acquisition is hugely exciting for the Cennox Group. Our combined resources and merging of key personnel, together with our shared appetite for Service Delivery, will enable Cennox to achieve our ongoing strategy of developing the leading independent ATM & Banking Services Company”.

The acquisition of Diebold UK & Ireland, will include all existing Diebold UK staff joining their new colleagues at Cennox. John Ennis, currently Managing Director of Diebold UK & Ireland, will be appointed as Managing Director of Cennox’s UK Division. John brings his 25 years’ experience in the Banking industry, having worked for a tier one UK Bank and two of the top three Self Service companies in the world.

Paramount to this new acquisition is Cennox being able to offer their customers with a wider range of new products and services, as well as the expertise of both the Cennox and Diebold UK & Ireland staff.

Related Articles

April/2019 | London & South East

BGF invests in BB7 to create UK’s leading independent fire and security consultancy

BGF, the UK and Ireland’s most active investor in growing businesses, has invested £6m in BB7, a niche fire safety …

April/2019 | London & South East

BGF exits investment in The Good Care Group

BGF has successfully exited its minority stake in care service provider, The Good Care Group, alongside all other shareholders. Following …

November/2017 | Business & Professional Services

BGF backs Cornwall Insight

Cornwall Insight, a leading provider of research, analysis, consultancy and training services for the energy and water sectors has received …