BKRIY - Euronet acquires Bank of Ireland's non-branch ATM fleet

Euronet Worldwide (EEFT) has acquired of Bank of Ireland's (BKRIY) entire fleet of non-branch ATMs in the Republic of Ireland, to undertake full responsibility for managing the acquired ATM network and integrating it with the company's existing ATM estate in the Republic of Ireland.Under terms of the agreement, Euronet to acquire 700 non-branch ATMs while the bank will still own and operate more than 750 ATMs located across its extensive branch network.Under the innovative ATM Asset Acquisition Program, Euronet offers banks a strategic path for divestment of its ATM networks, securing business continuity, increasing customer reach, and providing more services for their customers and includes full-scale ATM outsourcing services that cover the complete value chain of ATM operations.The acquired Bank of Ireland non-branch ATM fleet will be fully integrated into Euronet’s existing ATM network in the country and centrally managed with the company’s REV Payments Cloud core processing platforms and infrastructure. The transfer of ownership to Euronet is planned for

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Euronet acquires Bank of Ireland's non-branch ATM fleet