(Finance) – The agreement with which Buffetti (Dylog Group) acquires the Olivetti business unit dedicated to cash systems for the retail sector from the TIM Group becomes effective. The agreement signed by Buffetti represents a strategic opportunity to enhance the retail activities of Olivetti and ensure joint growth through great synergies between the two businesses. The integration will also be an opportunity for Buffetti to make important investments and product and offering evolutions, thanks also to the availability of proprietary payment systems and services. Olivetti’s activities covered by the transaction represent a significant portion of Italian cash register market and include a wide range of products and services for the retail world.
At the same time Buffettian Italian reference company in office solutions, with a network of over 700 points of sale in franchising throughout the national territory, will further enrich the offer for professionals, businesses, artisans, traders and, in general, for the entire world of VAT numbers.
One of the main selling points of this transaction is the recognition and respect for the skills of workers and the supply chainmaintaining both the domain and technical skills of the people in the company branch Olivetti Retail, to ensure the continuity of the processes of the development plans already underway and those that will be launched for the integration of the Olivetti platforms that manage retail taxation within those of the Buffetti universe.
This element can be the strong point for enhancing the operation with an investment plan of the Buffetti group in Ivrea. At a time when digital transformation involves all economic sectors, industrial, tourism, retail and public administration, the availability of technical resources with a consolidated background of skills constitutes a significant opportunity for Buffetti.