SIA Completes Acquisition of Card Processing Businesses in Central and Southeastern Europe from First Data
October 01 2018 - 06:45AM
Business Wire
SIA, a European high-tech leader in payment infrastructure and
services, and First Data Corporation (NYSE: FDC), a global leader
in commerce-enabling technology, today announced the completion of
SIA’s acquisition of First Data’s card processing businesses in
parts of Central and Southeastern Europe for €387 million.
As a result of this transaction, SIA becomes the leading player
in processing and services in the region, offering card processing,
card production, call center and back-office services, including
13.3 million payment cards, 1.4 billion transactions, in addition
to the management of over 300,000 POS terminals and 6,500 ATMs.
These businesses are primarily located in 7 countries: Greece,
Croatia, Czech Republic, Hungary, Romania, Serbia and Slovakia. In
2017, these businesses generated a combined revenue of
approximately €100 million for First Data.
Following the completion of this transaction, First Data remains
highly committed to the European issuer processing business and
will continue to serve its significant client base primarily
through its leading VisionPLUS platform.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling
technology, serving approximately six million business locations
and 4,000 financial institutions in more than 100 countries around
the world. The company’s 22,000 owner-associates are dedicated to
helping companies, from start-ups to the world’s largest
corporations, conduct commerce every day by securing and processing
more than 3,000 transactions per second and $2.4 trillion per year.
For more information, visit www.firstdata.com and follow us on
Twitter at @FirstData.
About SIA
SIA is European leader in the design, creation and management of
technology infrastructures and services for Financial Institutions,
Central Banks, Corporates and the Public Sector, in the areas of
payments, cards, network services and capital markets.
The Group, which currently has over 2,000 employees, closed 2017
with revenues of €567.2 million.
For more information, go to www.sia.eu/en
Safe Harbor
Statements in this press release regarding First Data
Corporation’s business which are not historical facts are
“forward-looking statements.” All forward-looking statements are
inherently uncertain as they are based on various expectations and
assumptions concerning future events and they are subject to
numerous known and unknown risks and uncertainties which could
cause actual events or results to differ materially from those
projected including the parties’ ability to successfully satisfy
the normal closing conditions.
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SIAFilippo FantasiaHead of Media CoordinationPhone: +39
02.6084.2833Mobile: +39 335.1202713Email:
filippo.fantasia@sia.euorValentina PianaMedia CoordinationPhone:
+39 02.6084.2334Mobile +39 342.0467761Email:
valentina.piana@sia.eu@SIA_pressofficeorFirst DataPeter
PoillonInvestor RelationsPhone: +1 212 266 3565Email:
peter.poillon@firstdata.comorAndrea DuffyPublic RelationsPhone: +1
646 9840240Email: andrea.duffy@firstdata.com
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