BELFAST-headquartered cash and transactional management company Pivotal has bought 107 cash machines from Danske Bank in Northern Ireland.
The deal, with for an undisclosed sum, includes the lender’s non-branch ATM network.
Danske Bank will still own and operate 85 ATMs located at its branches around the north.
It comes one year after Pivotal, formerly known as RMS Group Services, announced plans to create 100 jobs as part of its growth plans.
The company, based on the Lisburn Road, specialises in cash and valuables in transit; cash processing; coin and note supply; foreign exchange and merchant services; as well as ATM services.
Chief executive Rónán Harper, said: “As a local company we’re proud to be taking over the mantle from Danske’s long-established relationships with site owners across Northern Ireland.
“This acquisition is a natural fit for our strategic business growth and allows Pivotal to ensure our communities in Northern Ireland will still have their much-needed access to cash. Our priority now is to ensure a smooth transition and that consumers benefit from the same high level of reliability and service.
Vicki Hassan, operations director at Danske Bank, said: “We remain committed to serving our customers through a wide variety of options and we continue to invest in both our branch network and our digital channels.
“To invest and grow we must also continually look for ways to simplify our operating model. This decision will allow us to further support the business by freeing up time and resource to focus more efforts on our core banking activities.
“We’re pleased to have found in Pivotal a local specialist provider with strong experience in owning and managing ATMs and who can therefore ensure a continued high level of service and ATM availability for consumers across Northern Ireland.”