M&A Deal Summary |
|
|---|---|
| Date | 2019-07-01 |
| Target | cashgate AG |
| Sector | Financial Services |
| Buyer(s) | Cembra Money Bank |
| Sellers(s) | Aduno Group |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1912 |
| Sector | Financial Services |
| Employees | 759 |
| Revenue | 550M CHF (2024) |
Cembra Money Bank provides savings products, including medium-term notes and deposit accounts; loans comprising cash loans, consumer loans, personal loans, credit card receivables, and auto loans; and leasing services for new and used vehicles, including cars, light commercial vehicles, motorcycles, and caravans, as well as corporate leasing services. Cembra Money Bank was founded in 1912 and is based in Zurich, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Switzerland M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
Aduno Group offers a broad range of products and services for cashless payment and offers credit and pre-paid cards.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Switzerland M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
