Comtrex Systems Corporation and Zonal Retail Data Systems Limited are excited to announce that Zonal has entered into a definitive agreement to acquire 100% of the share capital of Comtrex.
This strategic acquisition will position Comtrex as a key element of Zonal’s market position in the UK and cement Zonal’s position as the largest hospitality EPoS solutions provider in the UK. In the U.S., where Comtrex has been providing hospitality solutions for over 35 years, combining our team with the Zonal group, already very active in the Florida and southeastern U.S., will significantly expand our sales and support presence.
Jeff Rice, President and CEO of Comtrex, stated “This strategic merger will greatly benefit the employees, shareholders and customers of both companies. We are excited to join the Zonal family and we look forward to integrating our product line and work force with that of Zonal in the UK and to greatly expanding our joint presence in the U.S.”
Steve Roberts, Managing Director of Comtrex UK, said “I’m delighted to join the Zonal family and excited about working with their team to further strengthen the Comtrex solution and to becoming part of the UK’s most successful hospitality EPoS company.”
Stuart McLean, Zonal’s long-time CEO, commented “Comtrex is a fantastic addition to the Zonal family with great customers and products on both sides of the Atlantic. I am delighted to welcome Jeff, Steve and the rest of the team at Comtrex to Zonal and look forward to continuing the success they have had over the 30 years their business has been operating.”