Lottery group swoops for Cheshire point-of-sale equipment manufacturer

Some of Fastrak Retail's lottery dispensing products
A company which designs and manufactures lottery ticket dispensers and other retail point-of-sale display products has been sold to a Canadian buyer. Fastrak Retail (UK), which is based in Macclesfield, has been acquired by Pollard Banknote. Pollard has paid an initial consideration of £4m, plus working capital adjustments, with potential earn-out payments due in the future. Founded in 2000 by John Barrett and Steve Matthews, Fastrak employs 26 staff and has its offices, factory and warehouse in Macclesfield. The £6m-tur... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...