Thursday 9 June 2011

North Ryde. Metcash acquisition

Grocery wholesaler Metcash, based at Macquarie Park, has received regulatory approval to acquire Brisbane-based point of sale (POS) system provider, Scanning Systems Australia (SSA). CEO, Andrew Reitzer, said the acquisition would enhance the company's ability to assist independent retailers to compete with the major chains. SSA provides electronic payment systems to independent retailers in the grocery, liquor, hardware, fuel and convenience sectors. Metcash brands include IGA, Cellarbrations, Bottle-O and Mitre 10.

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