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August 8, 2008
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Home > For Business > Travelex has adquired Ruesch

Information for customers of Travelex CFX and Ruesch International

As of Thursday, September 6th, 2007, Travelex has completed the acquisition of Ruesch International. The Ruesch companies are now part of the Travelex group.

Travelex, the world's leading global business payments specialist, today announced the completion of the acquisition of Ruesch International, a premier provider of business-to-business payment solutions, for $440 million.

The acquisition is consistent with Travelex’s international growth strategy and the combined businesses will process payments of more than $37 billion to more than one million beneficiaries annually.

Peter Burridge, Divisional Managing Director commented: “The acquisition of Ruesch International will strengthen Travelex’s position as the world’s leading global business payments specialist, and will help us meet the growing demand by offering customers greater choice and more efficient services. We will offer customised payments solutions and industry specific products and services to customers globally, through our extended global reach and using our world class technology platforms.”

If you have a question about the merger, we would like to hear from you. Please speak to your regular Travelex or Ruesch contact or click here to contact us.


www.ruesch.com

www.travelex.com




 
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