#PayTech / AnaCap to acquire payment processing arm of Carrefour Group

Private equity fund AnaCap has entered into exclusive negotiations for the purchase of a majority stake in Market Pay, the omnichannel payments arm of french supermarket chain Carrefour, in a deal valued at close to €300 million.

Market Pay was created in 2016 and supports a volume of 1.3 billion transactions, the management of 45,000 terminals and five million cards issued. Currently in operation at stores in France, Belgium, Spain and Italy, the transaction will see Market Pay extended beyond the Carrefour group and into new international markets.

https://www.finextra.com/newsarticle/36857/anacap-to-acquire-payment-processing-arm-of-carrefour-group