EU – Baltic States, Financial Services, Mergers and take-overs

The merger with Point ensures Xileo its long-term stability and will strengthen the development and investment capabilities. For Point the acquisition means a possibility to support clients, existing as well as new, in the French market.

Headquartered in Stockholm, Sweden, Point provides a full range of electronic payment solutions in northern Europe and the Baltic States since the start 1987. The clients range from large international retail names to small independent stores. The Point group has more than 250 000 clients and supports 450.000 payment devices. “Xileo is seen as a very trustful player in the French market with a management and operational team that brings additional capabilities and strengths to Point” said BC Johan Tjärnberg, CEO, Point.

Since the founding in 2001 Xileo has distributed, installed and maintained payment systems for various customers such as retail, resellers, integrators, manufacturers, banks and government organisations. “Our customers can now rely on a service provider that is able to support them abroad thanks to the equipment, software and services produced by the expertise within the complete Point group”, says Patrice Lust, CEO, Xileo.