Suzo-Happ has completed the acquisition of Scan Coin, a Swedish provider of advanced cash-handling technologies, software and services.
With its headquarters in Malmö, Scan Coin offers customers in the retail, bank, cash centre and public transportation markets solutions to optimise their cash handling through automated processing of coins and notes.
“The addition of Scan Coin truly represents a transformative milestone for Suzo-Happ, adding world leading cash processing technology, extensive engineering and software development, and a global distribution and service network covering more than 100 countries,” said James Brendel, Suzo-Happ chairman. “This represents our fourth acquisition of cash-handling technologies over the last 15 months, significantly strengthening our cash-handling capabilities, technology and market position.”
Andreas Renulf, Scan Coin CEO, added: “We are excited about the opportunity to become part of Suzo-Happ’s growing company. Through our combined capabilities we will hasten product innovation bringing new features and solutions to customers at an accelerated rate.”
