Cennox announces the successful acquisition of Diebold UK & Ireland
London: 29st 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.