Sandpiper Digital Payments AG

  • WKN: A0MYNQ
  • ISIN: CH0033050961
  • Land: Schweiz

Nachricht vom 09.11.2018 | 07:55

SANDPIPER Digital Payments AG sells majority of PAIR Solutions GmbH

EQS Group-News: Sandpiper Digital Payments AG / Key word(s): Disposal

09.11.2018 / 07:55


SANDPIPER Digital Payments AG sells majority of PAIR Solutions GmbH

St. Gallen, 9. November 2018 - SANDPIPER Digital Payments AG (BX Swiss, Ticker: SDP, www.sandpiper.ch, Open Market, Frankfurt, ISIN: CH0033050961) announces the divestment of 75% of PAIR Solutions GmbH to an external investor, reducing the SANDPIPER shareholding from 100% to 25%.

PAIR Solutions GmbH is a certified service specialist for cashless payment of meals and clearing of local as well as administrational subsidies for schools, kindergartens, care centers, caterers, administrations and cities. PAIR provides individualized modular systems, consisting of first-class telephone and technical support, meal plan administration, lists, apps, web platforms, smart RFID cards as well as innovative and efficient fingerprint technology.

"We are happy to win an operative partner, knowing the market as well as the company, to further develop PAIR. At the same time SANDPIPER will intensify its focus on selected and profitable subsidiaries as well as growing markets like smart cities," states Dr. Cornelius Boersch, president of the board of directors at SANDPIPER.

After a very successful part-time interim management period of one year, the current CEO of PAIR Frank Steigberger will hand over his responsibility, to focus even more intensely on the further successful development of the SANDPIPER portfolio. The purchasing price was agreed to remain confidential. PAIR was contributing approximately EUR 500.000 to the revenue of SANDPIPER in 2017. The transaction will lead to a loss on the stand alone financial statement, while it will generate a booking profit of EUR 700.000 on the consolidated accounts of SANDPIPER.

About SANDPIPER Digital Payments AG

SANDPIPER Digital Payments AG, www.sandpiper.ch, is a stock-listed holding company focusing on innovative mobile and digital payment systems, multi-application solutions like physical and logical access as well as its underlying digital security services and technologies. SANDPIPER belongs to the leading and biggest providers of closed-loop payment and loyalty systems for educational facilities, public authorities, event and mobility operators, retailers and brands.

SANDPIPER holds majorities in the companies InterCard AG Informationssysteme, Ergonomics AG, IDpendant GmbH, Multicard Nederland B.V.

Contact: E-mail news@sandpiper.ch; Fax: +41-44-7838040; Website: www.sandpiper.ch



End of Corporate News



show this

GBC-Fokusbox

HELMA Eigenheimbau: Klarer Kauf

Die HELMA Eigenheimbau hat mit dem Zugang weiterer Ferienimmobilienprojekte das potenzielle Umsatzvolumen um 150 Mio. € gesteigert. Ohnehin verfügt die Gesellschaft über einen umfangreichen Grundstücksbestand für das Bauträgergeschäft, womit in den kommenden Geschäftsjahren Umsätze in Höhe von über 1,4 Mrd. € realisiert werden könnten. Damit dürften unsere Schätzungen, in denen wir ein nachhaltiges Überschreiten der Umsatzmarke von 300 Mio. € annehmen, gut unterfüttert sein. Bei einem Kursziel von 65,00 € ist die HELMA-Aktie ein klarer Kauf.

News im Fokus

Linde plc: Linde Declares Dividend Increase for 2020

24. Februar 2020, 16:34

Aktuelle Research-Studie

Original-Research: Wolftank-Adisa Holding AG (von Montega AG): Kaufen Wolftank-Adisa Holding AG

25. Februar 2020