Dow Jones received a payment from EQS/DGAP to publish this press release.
EQS Group-News: Sandpiper Digital Payments AG / Key word(s): Disposal
SANDPIPER Digital Payments AG: Sale of shareholding in Smart Loyalty AG
2018-12-11 / 07:00
*SANDPIPER Digital Payments AG: Sale of shareholding in Smart Loyalty AG*
- *Further unbundling of SANDPIPER investments*
*- Focus on core investments*
St. Gallen / Switzerland, 11th of December 2018: SANDPIPER Digital Payments
AG (BX Berne eXchange, Ticker: SDP, www.sandpiper.ch [1], Open Market,
Frankfurt, ISIN: CH0033050961), with focus on digital payment systems and
access control solutions, announces an increase in its shareholding in Smart
Loyalty AG, Wiesbaden (Germany).
The previous shareholding of 15.27% will be sold in full to Mountain
Partners AG. Thus, Mountain Partners AG now holds 28.18% of the company.
Over the past few years, Smart Loyalty, www.smartloyalty.de [2], has
positioned itself successfully and profitably in its niche market of
customer loyalty systems and steadily built up its customer base.
"The sale of the Smart Loyalty underlines further focus and the unbundling
of SANDPIPER and Mountain Partners. At the same time, SANDPIPER continues to
work with Smart Loyalty on an operational level and with other companies in
the Mountain network on specific projects and future topics," says Frank
Steigberger, Director of SANDPIPER.
Headquartered in Wiesbaden (Germany), Smart Loyalty AG was founded in 1999
by Christian Kranz and specializes in supplying smart-card based customer
loyalty systems to medium-sized companies. With the Eco-Module bonus card,
voucher card systems and value card systems, Smart Loyalty offers customer
retention solutions for several industries. Customer cards are used in
specialist shops, chains as well as e-commerce stores. The flexible systems
can be operated independently, without the need for an additional service
provider. The Eco Systems are directly deployable professional systems. They
are operated and evaluated on-site and are therefore affordable for most
businesses.
*About SANDPIPER Digital Payments AG ?*
SANDPIPER Digital Payments AG, www.sandpiper.ch [1], is a stock-listed
holding company with a focus on innovative payment systems, solutions for
marketing and customer retention as well as IT-services, access control and
security. The company ranks amongst the leading and largest operators of
closed- and open-loop proximity payment solutions in field of high schools,
events and digital content networks. SANDPIPER holds a majority stake in the
companies Multicard NL B.V., InterCard AG Informationssysteme, Ergonomics
AG, IDpendant GmbH.
Contact: email news@sandpiper.ch; Tel: +41-44-7838030; Fax: +41-44-7838040;
Website: www.sandpiper.ch [1]
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=LRPQYWKOXD [3]
Document title: SANDPIPER_Smartloyalty_E
End of Corporate News
Language: English
Company: Sandpiper Digital Payments AG
Poststrasse 17
9001 St. Gallen
Switzerland
Phone: +41 44 783 80 49
Fax: +41 44 783 80 40
E-mail: news@sandpiper.ch
Internet: www.sandpiper.ch
ISIN: CH0033050961
Valor: A0MYNQ
Listed: BX Berne eXchange
End of News EQS Group News Service
756359 2018-12-11
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=bf57274b18066b31ff1adf52e57f9e8b&application_id=756359&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=e96279f93c21735c0d86cb4750cd41ed&application_id=756359&site_id=vwd&application_name=news
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=2a03c1431612e6677109ef544509aeb0&application_id=756359&site_id=vwd&application_name=news
(END) Dow Jones Newswires
December 11, 2018 01:00 ET (06:00 GMT)
