Cashzone Announcement. 6th April 2011

London, 6^th April 2011 - Cashzone, one of the UK’s leading independent ATM providers, is delighted to announce the acquisition of OmniCash Ltd, with effect from 6^th 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 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 in 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 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.

Notes to editors about Cashzone:

Cashzone has been formed from a combination of four of the strongest names in the independent cash machine market; Cardpoint, Moneybox, Travelex and OmniCash. Cashzone is one of the largest independent cash machine operators in the UK market with around 6,000 machines across the country; over a fifth of the independent cash machine market. 

Cashzone has office locations in Central London, Cheshire and Cramlington (North East).

Following a well-publicised capital restructure, as part of the Payzone Group, Cashzone’s focus is firmly on providing its customer base with unparalleled service and customer management.

Cashzone currently provides ATM’s to some of the UK’s premium retail and leisure brands, including: McDonald’s, Road Chef, Moto and Booths.

Last changed: Sep 09 2011 at 11:16 AM