Vectron Systems AG: acardo CEO Christoph Thye appointed as Member of the Board of Vectron Systems AG

Münster, 22. February 2022: Vectron Systems AG (Vectron), a leading provider of intelligent POS systems and cloud services, with a focus on the catering and bakery sectors, has acquired 100 per cent of the couponing specialist acardo group AG (acardo) as of 1.1.2023. With this acquisition Vectron creates an additional foothold in the retail industry and plans to transfer the couponing know-how to its target industries.

In order to implement this, and to support the Board of Vectron Systems AG in the expansion in the areas of digital marketing and services, the Vectron Supervisory Board has appointed acardo founder and CEO Christoph Thye (49) to the company's Management Board as Chief Digital Marketing Officer. With immediate effect, the Vectron Board of Directors consisting of Thomas Stümmler (Chairman) and Ralf-Peter Simon will be expanded by the additional mandate of Christoph Thye. He will continue to lead the acardo Group AG as CEO in parallel. 

As acardo founder, Christoph Thye has many years of experience in the couponing business and has built up a large network in the field of digital marketing over the years, from which Vectron will benefit in the further development of the digital business.


About Vectron Systems AG:
With more than 250,000 POS systems sold to date, the listed Vectron Systems AG is one of the largest European suppliers of POS solutions. Building on this, the area of apps integrated into the POS systems as well as digital and cloud-based services is becoming increasingly important in the catering and bakery sectors. The spectrum of solutions ranges from loyalty and payment functions to omni-channel ordering, online reservations and online reporting. 

In the retail segment, the wholly owned subsidiary acardo AG is one of the leading providers of consumer activation tools, such as coupons, cashback solutions and consumer apps in Germany. These are currently used in more than 30,000 shops, consisting of grocery shops, drugstores, cinemas and pharmacies. acardo offers its customers a full service, from conception and technical implementation to coupon clearing. Customers include the largest companies in their respective industries, such as EDEKA, Müller, Nestlé, Unilever, Kellogg's, Krombacher, Coca-Cola, PEPSI, Beiersdorf, Hexal, CinemaxX, Cineplex, Universal and Warner Bros.


Contact:
Vectron Systems AG
Willy-Brandt-Weg 41
48155 Münster, Germany
www.vectron-systems.com 

External IR service provider:
Meister Consulting GmbH
Tobias Meister
Im Schling 3
59955 Winterberg
phone: +49 (2983) 90 81 21
fax: +49 (2983) 90 81 23
E-Mail: meister@meisterconsult.com