“We have made great progress in our POS & Auto ID product business in recent years, both in expanding our product range and acquiring many new brands,” says John Thomas, CEO of EET Group. “With the acquisition of CashPOS System AS, we are strengthening our market position and taking another step towards our goal of becoming one of the leading point-of-sale and Auto ID distributors in the European market by 2020 at the latest.”.      
 
CashPOS Systems AS was founded in 2004 and has specialized in selling products and solutions for the POS product market.
 
Runar Solberg, Director of CashPOS Systems AS, commented on the acquisition: “For strategic reasons, CashPOS needed to be part of a larger company with structured enterprise systems, greater flexibility, and the ability to deliver quality at all levels. We believe EET Europarts is the perfect fit for us. They have had tremendous success distributing several new business areas, including POS and Auto ID. We look forward to being part of a company with a strong product range, a highly competitive sales organization, and a unique and efficient distribution network.”.

More information