news.cuna.org/articles/108561-diebold-wincor-nixdorf-deal-creates-worlds-largest-atm-maker

Diebold, Wincor Nixdorf deal creates world’s largest ATM maker

November 25, 2015

NORTH CANTON, Ohio, and PADERBORN, Germany (11/25/15)--Diebold Inc. and Wincor Nixdorf announced that they have entered into a merger agreement that will create the world’s largest ATM producer.

Diebold is a CUNA Strategic Services strategic alliance provider.

Following completion of the offer and subject to certain approvals, the combined company will be named Diebold Nixdorf with headquarters in North Canton, Ohio, and Paderborn, Germany.

The combination brings together two providers of branch automation and omnichannel experiences to create an organization focused on the entire value chain--consultation, design, build and operations, the two companies said in announcing the deal

“The rate of change we see in our industry is unprecedented, and by leveraging innovative solutions and talent from both organizations we will have the scale, strength and flexibility to help our customers through their own business transformation,” said Andy W. Mattes, Diebold president/CEO.

Added Eckard Heidloff, CEO, Wincor Nixdorf: “Our common view of omnichannel software solutions will enable us to create a best-in-class customer experience to support banks and retailers to cope with challenges of digitalization.”