Fokko Duijzer
Alkmaar October 4, 2023 - Xafax, a leading company in the field of payment solutions and system integration, is proud to announce the acquisition of Creo payment systems, a successful company in developing and implementing innovative payment, access control and parking systems. This strategic step brings together two prominent players in the world of contactless payments and offers perspectives for further growth and innovation.
About Creo Payment Systems
Creo, founded in 2009 by César Sierhuis and Erik van Egeraat, has made its mark on the contactless payment market. The company has specialized in 'communities' and serves various sectors, including student associations, associations, catering and parking and ferry services. Creo is not only known for its proprietary transaction engine, but also offers customized integration of payment, access control and parking systems for its customers.
Complementary Focus Areas and Future Synergies
Creo's activities fit seamlessly with those of Xafax, with both companies developing their own back-office payment systems, but operating in different market segments. This acquisition opens new doors for synergies and diversification in services.
The Future of Creo at Xafax
César Sierhuis and Erik van Egeraat, the visionary founders of Creo, will remain involved with Xafax and will gradually transfer more responsibilities to the Xafax team, with the aim of enjoying their well-deserved retirement by the end of 2025. This careful process is designed to protect a smooth transition for both Creo customers and employees.
The Creo Team and Future Integration
The Creo team, consisting of Erik, César and Remco, will contribute their knowledge and experience to Xafax. They will move into the Xafax office in Alkmaar and will play an essential role in the sustainable growth and development of the company.
Stronger and More Innovative Together
With the acquisition of Creo, Xafax can further diversify and expand its services, including offers in the field of payment, access control and parking systems and tap automation. This strategic step strengthens Xafax's position as a leader in the payment industry and offers new opportunities for innovation and growth, according to Roland Vet, Commercial Director of Xafax.
Cesar adds “We are convinced that we accommodate our customers well at Xafax. Xafax has an experienced management team and customer satisfaction through quality, service and innovation is also of paramount importance to them.”
For more information, please contact: Roland Vet, commercial director, +31 72-566 7400 or visit www.creo.nl.
