Nexi and Nets

Completion of the merger
between Nexi and Nets

Igangværende transaktion med et betalingskort.

Completion of the merger between Nexi and Nets

Following the entry into of the cross-border merger agreement in November 2020, the merger between Nexi S.p.A. and Nets Topco 2 S.à r.l. was completed on 1 July 2021.

The combined group will become the European paytech leader with the scale, geographical reach and capabilities to drive digital payments and accelerate the transition to a cashless Europe. Through its portfolio of innovative products, e-commerce capabilities and sector-specific solutions, the combined group will be able to provide flexible support for the digital economy and the entire payments ecosystem globally across a wide range of different channels and payment methods.

With greater exposure to attractive fast-growing and underpenetrated regions of Europe, the combined group will be well-positioned to capture further organic and inorganic growth opportunities, which is underpinned by the addressable market size and favourable industry dynamics such as the accelerated shift towards digital payments across Europe and increased demand for a full-service payment provider.

Simultaneously with the completion of the merger, Paolo Bertoluzzo (current CEO of Nexi) will take on the role as group CEO, whereas Bo Nilsson (ex-CEO of Nets) will become chairman of the board of directors of Nets and a non-executive board member of Nexi. Klaus Pedersen (ex-CFO of Nets) will become new CEO of Nets.

Accura assisted Nexi with the Danish law aspects of the merger, including by carrying out a due diligence review of Nets and obtaining regulatory approval of the merger from the Danish Financial Supervisory Authority.

For more information about the merger, please refer to Nexi’s press release.