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Cashzone acquires OmniCash

07 April 2011  |  5423 views  |  0 Source: Cashzone

Cashzone, one of the UK's leading independent ATM providers, is delighted to announce the acquisition of OmniCash Ltd, with effect from 1st April 2011.

The integration of OmniCash into Cashzone significantly strengthens Cashzone's market position in the independent ATM sector. With a combined estate of around 6000 ATMs Cashzone re-enforces its position as one of the largest cash machine operators in the country.

This is positive news for both existing Cashzone retailers and the recently acquired OmniCash clients. Combining the shared strengths and success factors of the two companies will further enhance all elements of Cashzone's service. With continued commitment to delivering high quality customer service and a highly effective response to maintenance issues; retailers are assured of maximum potential profits from their ATM and end users will continue to be offered a convenient service.

Rikki Dinsmore, Managing Director of Cashzone, commented: "The acquisition of OmniCash represents an exciting phase in the development of the Cashzone business model. Both organisations are highly focused on delivering exceptional customer service and enhancing the end user experience. The core values of both organisations in service delivery means we are already highly compatible and we have been particularly impressed by the focus and commitment OmniCash demonstrated in delivering services to their customer base which perfectly reflect the Cashzone ethos."

Benoit Mes, CEO at OmniCash, added: "We see this as a great opportunity for OmniCash and our customers to become a part of another profitable and operationally successful organisation. It allows us to further develop OmniCash in its current market whilst also becoming part of a bigger group of companies that can diversify and lead innovation. This augments our proposition and develops a great future for the company."

Cashzone's ability to further invest for the future comes from an exceptional level of financial stability and strong support from its shareholders.

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