ICBPI Group and Equens jointly establish Equens Italia
15-09-2008
Milan - Utrecht, 15 September 2008 - The Italian ICBPI Group and Equens SE have signed an agreement on the establishment of a joint venture: Equens Italia.
ICBPI and Equens will each hold 50 percent of the shares in the new company. ICBPI will also become shareholder of Equens SE, in addition to current ones from Belgium, Germany and the Netherlands. Equens Italia will be operational by late 2008, with its registered offices in Milan. ICBPI Group and Equens SE are confident that their joint venture will decisively contribute to the efficiency of the European payment processing market.