Add-on Acquisition • Electronics

Ingenico Acquires Fujian Landi Commercial Equipment Co.

On September 1, 2008, Ingenico acquired electronics company Fujian Landi Commercial Equipment Co.

Acquisition Context
  • This is Ingenico’s 1st transaction in the Electronics sector.
  • This is Ingenico’s 1st transaction in China.

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M&A Deal Summary

Date September 1, 2008
Target Fujian Landi Commercial Equipment Co.
Sector Electronics
Buyer(s) Ingenico
Deal Type Add-on Acquisition

Target Company

Fujian Landi Commercial Equipment Co.

Fuzhou, China
Fujian Landi Commercial Equipment Co., Ltd. provider in the secure electronic payments industry in China.
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Buyer Overview 1

Buyer

Ingenico

Suresnes, France

Category Company
Founded 1980
Sector Financial Services
Employees7,610
Revenue 2.6B EUR (2018)
DESCRIPTION

Ingenico is a provider of payment solutions, enabling banks and merchants to manage their payment activities across all sales channels (in-store, on-line and mobile). Ingenico was founded in 1980 and is based in Suresnes, France.


Deal Context for Buyer #
Overall 1 of 17
Sector: Electronics 1 of 1
Type: Add-on Acquisition 1 of 13
Country: China 1 of 1
Year: 2008 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-25 easycash

Ratingen, Germany

easycash is the German point of sale (POS) Network Service Provider. easycash offers customised card-based payment solutions and credit card routing to a broad range of merchant customers.

Buy €290M

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