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PayPoint closes acquisition of Appreciate Group

The board of PayPoint plc (LON:PAY) today announced the completion of the acquisition of Appreciate Group.

Nick Wiles, Chief Executive Officer of PayPoint, commented:

“We are delighted to have completed the acquisition of Appreciate Group and to welcome all employees to the PayPoint Group, including Julian Coghlan and the wider leadership team who bring a wealth of experience and expertise to our business. Work on integration is already underway, with an immediate focus on organisational alignment, building on the strong momentum in both businesses and unlocking commercial revenue enhancements”.

The deal, which was initially…
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