Nouvelles

Exciting News for SUZOHAPP

I am excited to share with you that SUZOHAPP has acquired the primary product lines of Coinco (www.coinco.com), a global leader in the design and manufacturing of payment solutions for the Vending industry. 

This acquisition adds some important new offerings to our portfolio, such as note validation and cashless capabilities. We will now offer the Vantage VR6 note recycler, and the iris line of cashless technologies, in addition to Coinco’s line of well-recognized coin changers, bill acceptors and card readers. 

Our goal in this acquisition is to bring a more complete, technology-driven solution to our customers within the Vending industry. The strength of the Coinco brand has led to significant success in the U.S. market. We hope to recreate that success in the international markets by leveraging its significant resources and global footprint, especially in Europe, where SUZOHAPP has a thriving Vending business. 

Service in N. America of the entire Coinco product line will continue to be provided by the existing Coinco service network, which will continue to be operated by Coin Acceptors Inc.

As part of the acquisition, SUZOHAPP has hired key commercial, engineering and operational employees from Coinco in order to provide excellent support to all new and existing customers.  A team of 5 engineers and 4 sales / support staff will be working out of our new office in St. Louis, Missouri, USA (their current home base) and a team of 35 operational employees will work out of their current manufacturing facility in China. We expect a seamless transition of the Coinco business with no disruption in our service to customers.

We are excited about this new development.  In the coming days, we will be contacting customers directly, as well as issuing a press release. 

Best Regards,
Drew Scielzo -
CEO, SUZOHAPP