PARIS--(Marketwire - Nov 7, 2012) - Ingenico (Euronext : FR0000125346 - ING), leading
worldwide provider of payment solutions, today announces the acquisition of
the
payment solutions activity of PT Integra Pratama (PT Integra), one of the
leading players in the fast growing market of Indonesia. The transaction
concerns the Point of Sale (PoS) activity of PT Integra and PT Integrasi
Service
Mandiri (ISM).
This acquisition will boost Ingenico's presence in a particularly dynamic
market
where the Group has a direct local presence with Bank Mandiri and has been
addressing all financial institutions indirectly through PT Integra.
Over the last ten years, PT Integra has built a strong position in payment
services in Indonesia, the largest market in South East Asia with an
installed
base of close to 500.000 Point of Sales terminals. The acquired activities
fully
cover POS terminal services, including a mix of terminal sale and rental,
field
and maintenance services. PT Integra operates from new offices in Jakarta
and 3
new regional offices for field services with 110 professionals and the two
founders joining Ingenico to develop the business locally through their
strong
knowledge of the market.
The transaction is subject to approval of local authorities.
"This acquisition is a major step in reinforcing our presence in South East
Asia," stated Patrice Le Marre, EVP, Ingenico Asia, "This enable us to
accelerate our direct local presence in Indonesia, one of the most
promising
market, and to leverage this large installed terminal base to deploy our
hardware offering along with field and maintenance services, thus
increasing our
recurring business. Furthermore, the increased local presence in Indonesia
is
also the opportunity to develop our mobile payment solutions".
About Ingenico (Euronext: FR0000125346 - ING)
Ingenico is a leading provider of payment solutions, with over 17 million
terminals deployed in more than 125 countries. Its 3,600 employees
worldwide
support retailers, banks and service providers to optimize and secure their
electronic payments solutions, develop their offer of services and increase
their point of sales revenue. More information on www.ingenico.com.
http://hugin.info/143483/R/1655656/535060.pdf
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Source: INGENICO via Thomson Reuters ONE
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