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

November/2017 | London & South East

Trouva lands $10m to help independent boutiques thrive

Trouva (www.trouva.com), the curated marketplace for the UK’s ‘hidden gem’ homeware and lifestyle brick and mortar boutiques, today announces that …

October/2017 | London & South East

BGF exits investment in Zone

BGF has agreed to successfully exit its investment in digital marketing company Zone following its acquisition by Cognizant (Nasdaq: CTSH), …

November/2017 | Business & Professional Services

BGF launches largest ever growth capital fund for Irish businesses

BGF will today launch the largest ever growth capital fund dedicated to Irish small and medium-sized companies. The fund which …