Ingenico enters negotiations to combine BS PAYONE with Ingenico Retail assets in DACH

Thursday 31 May 2018 13:02 CET | News

Ingenico has announced it entered into exclusive negotiations regarding the combination of BS PAYONE owned by DSV Ingenico Retail assets in DACH (Germany, Austria, Switzerland). 

This non-cash business combination would be 52% owned and consolidated by Ingenico Group.

The joint-venture would create the clear market leader in the attractive German market with the broadest offering in-store and online covering the specific needs of all types of merchants.

Both parties would become long term partners in the DACH region. Current BS PAYONE shareholders would maintain meaningful minority rights in line with their 48% stake.

The parties intent to sign definitive agreements in Q3 2018.

You can find more information about Ingenico and BS PAYONE in our online payments company database

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Keywords: Ingenico, BS PAYONE, Ingenico BS PAYONE merger, online payments, payments consolidation
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