SUZOHAPP acquires Coinco
Coinco currency and cashless product lines acquired by fellow EVA Member SUZOHAPP.
SUZOHAPP has announced that it has completed the acquisition of the primary currency and cashless product lines of Coinco, a world leader in the design and manufacturing of payment solutions for the Vending industry.
The strength of the Coinco brand – founded in 1958 - has led to significant success particularly in the U.S. market. SUZOHAPP hopes to recreate that success in the international markets by leveraging its significant resources and global footprint, especially across Europe, where SUZOHAPP has a thriving Vending business.
As part of the acquisition, SUZOHAPP has also hired key commercial, engineering and operational employees from Coinco in order to provide excellent support to all new and existing customers. One of these is Ron Manne, SUZOHAPP's new Vice President of Sales & Marketing for the Coinco brand. He stated, “We are excited to become part of the SUZOHAPP group and we look forward to contributing to the company’s future growth and continued success.”