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Coinstar Enters France Through Acquisition of Eurocycleur

Eurocycleur has self-service coin counting kiosks across France in major retailers
BELLEVUE, Wash. - 
December 6, 2018

Coinstar, LLC, today announced its acquisition of Eurocycleur, a leading self-service coin counting vendor with 625 kiosks in major retailers across France. Eurocycleur will continue to operate as a stand-alone business under Coinstar International and will retain the Eurocycleur brand name.

“We’re excited about this acquisition on multiple levels,” said Jim Gaherity, CEO of Coinstar, LLC. “First, Eurocycleur is a successful business operating with well-known and respected French retailers. Additionally, with the acquisition of Eurocycleur, Coinstar now has multiple coin-counting solutions for retailers and consumers in France.”

The Eurocycleur coin-counting kiosks can be found in major retailers including Carrefour, E.Leclerc, Auchan, Cora, Système U and Intermarché.

The transaction, which closed in November, includes the acquisition of all assets including equipment, technology, branding and personnel.

Eurocycleur was founded in 2005 by Laurent Salet, who will continue to run the business as head of business development in France.


About Coinstar, LLC
Based in the Bellevue, Wash., Coinstar owns and operates the largest fully automated, multi-national network of self-service coin counting kiosks. With more than 20,000 kiosk locations, Coinstar provides convenient and reliable coin counting services at mass merchants, grocery and drug stores and financial institutions. Consumer solutions vary by country and region but include coin-to-cash, coin-to-eGift card and charity donation options. For kiosk locations and information, visit www.coinstar.com.

 

Contact:
Marci Maule Housley
Mpact Group
425.495.7413
[email protected]

About Coinstar, LLC

Coinstar® is the global leader in self-service coin counting with 23,000 kiosks in North America, Europe, and Japan. More than 800 billion coins have been processed since Coinstar’s inception in the early 1990s. In the United States, consumers can convert their change to cash, a no-fee eGift card, or donate to charity at supermarket, mass merchant, drug store, and financial institution kiosk locations. Expanded cash services at Coinstar® kiosks include purchasing cryptocurrencies and adding money into digital accounts. For brand advertisers, Coinstar now offers adPlanet™, which enables lead generation on the interactive kiosk screen and a flexible digital advertising platform that sits atop Coinstar kiosks at select grocery locations. For more information on Coinstar or kiosk locations, visit www.coinstar.com.

Media Inquiries

Marci Maule Housley
Mpact Group
425.495.7413
[email protected]

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