Wincor Nixdorf has inked Nokas for JV, the leading Scandinavian provider of cash-handling services, in June 2015. The new company, named CROWN (Cash Retail Optimization Wincor Nixdorf Nokas), has its headquarters in Delft, Netherlands, and is owned equally by Wincor Nixdorf and Nokas.
Wincor Nixdorf has established a joint venture with Nokas, the leading Scandinavian provider of cash-handling services, in June 2015. The new company, named CROWN (Cash Retail Optimization Wincor Nixdorf Nokas), has its headquarters in Delft, Netherlands, and is owned equally by Wincor Nixdorf and Nokas.
CROWN offers a range of retail cash management services, recycling and deposit solutions, in the Benelux that optimize the retailer’s cash-handling process in terms of cost, safety and fraud. CROWN’s portfolio is not limited to front office – or back office activities, as their shareholder’s expertise also lies in combined ATM offerings in a retail environment. With immediate effect, CROWN will provide end-to-end cash-handling services for retail companies, by taking over and managing all their cash logistics with a significantly lower TCO.
` The advantage of the strategic partnership: Wincor Nixdorf delivers IT solutions and services for the retail industry, while Nokas supplies cash- management solutions, including early credit facilities. Thereby CROWN wants to help retail customers to cope with the uncertainty of the development of cash within their total payment structures.
Nokas was founded in 1987 and is Scandinavia’s leading provider of security solutions and cash-handling services. The Cash Handling division is the market leader in Scandinavia. In the field of cash-management services, Nokas cooperates with banks and retailers in Norway, Sweden, Denmark, Finland and the Netherlands. After the acquisition of Kontanten AB in 2013, Nokas also owns and operates 1,000 independent ATMs in the Nordic countries.
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