The FINANCIAL — Wincor Nixdorf has acquired a controlling interest in Connections Canada Inc. (CCi), effective May 1. With its 51 percent stake in the retail IT company, Wincor Nixdorf aims to expand its sales in the Canadian market.
Under the umbrella of the Wincor Nixdorf Group, CCi will continue its expansion with the current management team. The Toronto-based company, established in 1987, has more than 100 staff either employed or as partners. It is one of the market leaders in the Canadian market for automated retail solutions.
CCI’s current offer includes the sales and service of POS solutions, the integration of retail software solutions and the implementation of broadband-based network solutions.
In addition to its home market in Canada, CCi has subsidiaries in the United Kingdom and Malaysia. Both will be linked to existing local Wincor Nixdorf subsidiaries. In the future, CCi Canada will operate under the name “CCi – A Wincor Nixdorf Company.”
“In past years, CCi has developed an excellent market position with high customer intimacy and has a proven management team to continue the company’s success,” said Dr. Herbert Machill, Senior Vice President of Global Retail Solutions at Wincor Nixdorf.
“Through the cooperation with Wincor Nixdorf, we gain access to a broad range of products and the know-how of a market leader,” says CCi’s President Greg Woods. “This will allow us to expand our solutions-based offer to support both existing and new customers even more effectively than we have in the past.”
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