G4S to acquire Munt Centrale Holland B.V. ('MCH')
G4S Cash Solutions B.V. ('G4S'), the leading cash solutions provider in the Netherlands, is pleased to announce that it has entered into an agreement to acquire MCH from PCH Holding B.V. for a cash consideration of €7.9 million. It is expected that the acquisition will complete on 3 January 2011.
MCH delivers fully integrated coin management services to ABN AMRO Bank, providing coin stock, cash management, financing and the servicing of coin-dispensing machines. The acquisition of MCH will allow G4S to enhance its cash solutions strategy by offering an additional capability through the provision of integrated coin services.