Polish Champion Impel took over Brink’s for 3m PLN

Polish Champion Impel took over Brink’s for 3m PLN

The company Impel Security Polska, a part of Impel Group – and one of the Polish Champions – has signed a letter of intent to purchase 100 percent of shares in Brink’s C.L. Polska, which specializes in cash services and transport of cash values. The transaction sum exceeded 2,982,000 PLN.

Impel signed the first, conditional agreement to purchase the company Brink’s at the end of 2012. In March 2013, the Department of Competition and Consumer Protection approved the acquisition after conducting an antimonopoly process instigated at the request of Impel Security Polska.

UOKiK’s positive decision allowed for the signing of a target agreement. Thanks to this acquisition, Impel Security Polska will strengthen its position on the highly specialized cash handling market.

The acquisition of the company Brink’s C.L. Polska allows us to dynamically develop our activity in the highly specialized area of  cash handling and strengthens our position on the market. We currently realize these services though our Cash Service Centre network throughout Poland, and with the acquisition of Brink’s we will expand and strengthen our operational potential,” says Grzegorz Dzik, President of the Board of Impel S.A.

Brink’s C.L. Polska Sp. z o.o. is a company operating foremost in the area of cash handling services. These services include the transport of cash values and valuable items, including self-service bank machine supply and cash services. The company distinguishes itself with the high quality of services provided as well as high standards at Cash Service Centres, outstanding on the market.

We are planning to take over the management of the business smoothly and guarantee existing company clients quality services at the highest level. We hope for good cooperation with our acquired clients and are counting on the fact that the acquisition will bring measurable mutual benefit. The purchase of Brink’s C.L. Polska Sp. z o.o. is a step in the direction of consolidating the security services market and offers the perspective of further development of Intel Group,” adds Grzegorz Dzik.

Brink’s has got a highly developed operating infrastructure in the country, and does business in 16 Cash Service Centres as well as 20 Convoy Units. They serve significant clients from the banking sector. Brink’s belongs to the American Capital Group Brink’s Company.