One of the main providers of cash
management solutions in the world, SCAN COIN, has through its
French subsidiary SCAN COIN France SAS acquired two companies
owned by BH Holding: Laurel NGZ SAS, specialised in sales of
solutions for note handling, and Money Pack SARL, a service
provider working on a wide range of cash processing equipment.
Turnover is approximately € 5 M. The acquisition is part of the new
strategy for growth that is started within SCAN COIN, and will
reinforce its leading position in France.
SCAN COIN has been established on the
French market with its own sales and service company since 1992.
The main customers are cash centres, retailers and banks.
"The augmented product range and knowledge base we gain by this
acquisition will give our customers access to a unique multi brand
service and customised solutions", says Mr Vincent Saubaber,
Managing Director of SCAN COIN France. "We are also very satisfied
with gaining access to their product portfolio, and not the least
the very skilled employees."
"Due to the current market situation and past years' trends in
France it makes sense to merge, which creates added value and
security for our customers" says Mrs Sylvie Hattais, President of
"We are pleased to welcome Laurel NGZ and Money Pack to the SCAN
COIN Group, giving us access to new valuable and exciting products
and not the least 25 very skilled employees" says Mr Andreas
Renulf, Managing Director of SCAN COIN AB.
For further information, please contact:
Vincent Saubaber, Managing Director, SCAN COIN France SAS
+33 1 39 04 05 50, email@example.com
Andreas Renulf, Group Managing Director, SCAN COIN AB
+46 40 6000 633, firstname.lastname@example.org
About SCAN COIN:
SCAN COIN AB was founded in 1966 and is world leading within
manufacturing and service of technically advanced coin and note
handling equipment. Sales and service is made in more than 100
countries through own marketing companies and a worldwide network
About BH Holding:
BH Holding was founded in 1994 and this family owned
business has since been a leading company in the French cash