09:22 AM EDT, 06/14/2024 (MT Newswires) -- Shift4 (FOUR) said Friday that it has acquired a majority stake in Vectron Systems, a Germany-based provider of point-of-sale systems to restaurants and hospitality businesses in Europe.

Shift4 said it expects to buy Vectron's additional ownership via a public tender offer that is slated to be concluded within the next month.

Financial details weren't provided.

Additionally, Shift4 said it has completed its previously disclosed acquisition of Revel Systems, which has more than 18,000 merchant locations in the US and globally.

Price: 70.50, Change: -1.14, Percent Change: -1.59