Suzohapp acquires the primary product lines of Coinco, a global leader in the design and manufacturing of payment solutions
Suzojapp announced today that it has completed the acquisition of the primary currency and cashless product lines of Coinco, a world leader in the design and manufacturing of payment solutions for the Vending industry, based in St. Louis, Missouri.
Founded in 1958, Coinco led the way in product development, providing the market with a wide range of value-added payment solutions, including its well recognized coin changers, bill acceptors, card readers and cashless technology. Some important new offerings will be added to the SUZOHAPP portfolio, such as the Vantage VR6 note recycler and the iris line of cashless systems.
The strength of the Coinco brand has led to significant success in the U.S. market. Suzohapp hopes to recreate that success in the international markets by leveraging its significant resources and global footprint, especially in Europe, where Suzohapp has a thriving Vending business.
Service in N. America of the entire Coinco product line will continue to be provided by the existing Coinco service network, which will continue to be operated by Coin Acceptors Inc.