Global boost for Fastrak Retail – as it joins Pollard Banknote group
We’re delighted to announce a significant step in Fastrak’s global development as our company joins leading lottery partner Pollard Banknote under an acquisition programme.
The sale reflects Fastrak’s standing as an award-winning innovator of lottery ticket dispensers and point of sale solutions. Our design and manufacturing expertise is integral to a number of major international lotteries including The National Lottery of Ireland and the Illinois State Lottery.
John Barrett, joint founder and Managing Director of Fastrak Retail said, “Joining the Pollard group strengthens our offering to the lottery market and provides the support required to expand Fastrak to the next level. Additionally, it will help the business offering to expand its markets in Europe and the United States. The Fastrak operation in the UK will be a great asset and stepping stone into Europe for the Pollard group.”
Pollard Banknote partners with more than 60 lotteries worldwide, providing instant ticket products, merchandising solutions and a full suite of digital offerings.
“We are thrilled with this acquisition of Fastrak and are confident it will deliver additional innovation and new international markets for our retail merchandising solutions”, said Doug Pollard, Co-Chief Executive Officer of Pollard.
John Pollard, co-chief executive of Pollard, said: “This acquisition continues Pollard Banknote’s commitment to grow our organisation both organically and through acquisitions to expand our leadership role as partner of choice in the lottery and charitable gaming sectors. We are very pleased that Fastrak has joined our team and look forward to helping them expand the business.”
The deal will see our Macclesfield facilities continue as Fastrak’s design and innovation headquarters with our company continuing to invest in UK talent, engineering and innovation.