Tuesday, 04 July 2017 12:03

NEXI completes closing of acquisition of Bassilichi

Milan, 4 July 2017 – Istituto Centrale delle Banche Popolari Italiane Spa, run by Paolo Bertoluzzo, following the authorization received from the Bank of Italy, completed the closing of the acquisition of Bassilichi Spa, a company specializing in payments and the provision of services to banks, companies and the Public Administration.

The scope of the acquisition includes, in addition to the Parent Company, the Triveneto Consortium (leading national operator in the management of POS, e-commerce and corporate banking services), Moneynet, BassmArt, Bassilichi CEE and ArsBlue.

NEXI, through this deal, shall further consolidate its leading position in the E-money segment and strengthen its presence on the Italian market thanks to the technological excellence of the solutions and services offered by Bassilichi.

The acquisition of the group is part of the development plan implemented by NEXI to further consolidate its presence in the world of payments in Italy through targeted acquisitions. NEXI, in line with the growth strategy and competitive positioning, has already acquired the Acquiring Merchant Books of Monte dei Paschi in Siena Spa and Deutsche Bank Spa.

The management of NEXI and Bassilichi will work from the very beginning to further strengthen its offer of innovative solutions and customer service to the benefit of the partner banks by bringing together the know-how and technologies of the two groups.

The Bassilichi Annual General Meeting nominated Leonardo Bassilichi and Clemente Honorati for the positions of Chairman and Chief Executive Officer, respectively. At the same time, the NEXI Board of Directors, chaired by Franco Bernabé, elected Marco Bassilichi to take the Chairmanship at CartaSi, which he will assume in the coming weeks.

Marco Bassilichi and Leonardo Bassilichi will also become shareholders of the Group confirming their confidence and willingness to contribute to the NEXI - CartaSi project.