A new era for the vending market and beyond
MatiPay, a leader in payment and telemetry solutions for the automated retail sector, announces the acquisition of Enginko, a company recognised for its innovative and reliable products in the vending, laundry and car wash markets, as well as in the IoT sector. This acquisition is a strategic step to expand MatiPay’s product range and strengthen its presence in new markets, creating synergies that will drive further technological innovations.
The transaction involves the integration of Enginko’s products and expertise directly into MatiPay, while the IoT division has been absorbed by Angel4Future, an Angel Group company. This strategy will enable the full potential of both companies to be exploited, offering customers even more innovative and complete solutions.
Statements by CEO, Matteo Pertosa
«The acquisition of Enginko is an important step for MatiPay. By combining our expertise and products, we will be able to offer even more effective and innovative solutions to meet the needs of a constantly evolving market. This transaction confirms our commitment to expanding our offering and driving change in the automated retail sector».
Goals for the future
With this acquisition, MatiPay not only consolidates its leading position in the automated retail sector, but also prepares to further revolutionise the market through the synergetic application of both companies’ technologies with the shared goal of integrating their respective know-how and accelerating the development of smart and connected solutions.
