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Pollard strengthens European presence with Fastrak acquisition

3rd May 2019 7:36 am GMT

Toronto-listed lottery supplier Pollard Banknote has entered into a definitive agreement to acquire UK-based Fastrak Retail for £4m.

Fastrak was founded in 2000 and supplies lottery ticket dispensers, lottery play points and other retail merchandising products to clients such as the UK National Lottery and Irish Lottery in Europe, and the Illinois Lottery in the United States.

Pollard will pay £4.0m for the business, subject to standard working capital adjustments and potential future earn-out payments, with the [...]

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