Thursday, June 29, 2017
London: 29th June 2017: 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.
“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”.
Clive Nation, CEO, Cennox.
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.
In the coming weeks, Cennox will be visiting all customers and releasing product specific announcements in full.
Cennox is an industry leader, offering a wide range of solutions to the world’s leading banks, retail and commercial institutions. Cennox deliver the best-in-class solutions that give a distinct competitive advantage in the marketplace. Globally recognised, Cennox is an industry pioneer with operations on six continents and central offices in the United Kingdom and United States, employing over 600 staff.
Cennox have been ranked in the Sunday Times FAST TRACK 200, detailing the top 200 fastest growing UK Businesses for International sales for 2 years running. In addition, for the past two years, Cennox has also been ranked in the top 100 of fastest Growing UK Businesses on the FAST TRACK 100 list sponsored by Virgin.
ABOUT DIEBOLD NIXDORF
Diebold Nixdorf, Incorporated (NYSE:DBD) is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.
Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.
For more information on this Press release, please contact:
Director of Marketing,
Tel: +44 (0) 7711 376 997
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