Worldline announces the completion of the sale of its North American operations to Shift4. This transaction is based on an enterprise value of approximately 70 million euros.
The sale of Worldline's North American activities marks a new step in the Group's strategic refocusing on its synergistic payment operations in Europe. This divestment allows the Group to simplify its operations and optimize the allocation of its resources, in line with its North Star transformation plan. "The proceeds from this sale will strengthen the Group's financial profile, increase its medium-term strategic flexibility, and support the redeployment of capital towards its core activities," the company stated.
Worldline is one of the world's leading providers of electronic payment and transactional services. Net sales break down by activity as follows:
- merchant services (80.3%): this division enables merchants to increase their sales and improve their customers' experience in a secure and trusted environment, with exceptional expertise and pan-European coverage;
- financial services (19.7%): this division, leader in Europe, provides financial data processing and enables financial institutions to deploy transformative technologies, manage risk and fraud, optimize processes and ensure operational excellence.
Net sales are distributed geographically as follows: France (6.1%), Southern Europe (16.5%), Central and Eastern Europe (36.6%), Northern Europe (29.7%) and other (11.1%).
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