Shift4 Acquires Majority Stake Of German Point-Of-Sale Company Vectron Systems AG; Completes Previously Announced Acquisition Of Revel Systems; Financial Terms Not Disclosed
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Shift4 has acquired a majority stake in German Point-Of-Sale company Vectron Systems AG and completed its previously announced acquisition of Revel Systems. Financial terms were not disclosed.
June 14, 2024 | 12:07 pm
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Shift4 has acquired a majority stake in Vectron Systems AG and completed its acquisition of Revel Systems. This expansion into the European market and the addition of Revel Systems could enhance Shift4's market position and growth prospects.
The acquisition of Vectron Systems AG provides Shift4 with a significant presence in the European market, potentially increasing its customer base and revenue streams. Completing the acquisition of Revel Systems further strengthens its product offerings. These strategic moves are likely to positively impact Shift4's stock price in the short term.
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