SUZOHAPP Announces Departure of Colombo Fasano

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Today the Board of Directors for SUZOHAPP announced the departure of Colombo Fasano, the Managing Director of its Cash Automation Solutions business in Europe, the Middle East, and Africa ("EMA Solutions"). Fasano will be leaving SUZOHAPP in mid-October.

When SUZOHAPP purchased SCAN COIN in 2015, Fasano took the leadership role for SCAN COIN as it became a division within SUZOHAPP. As the two companies began the integration process, he filled a critical role in both leading the transition and giving software a central role in the SUZOHAPP solution portfolio. Over time, he helped grow SUZOHAPP’s Solutions business in the retail sector, supporting the company’s strategy to become the premier provider of retail cash automation solutions.

Matt Brown, President & CFO of SUZOHAPP, expressed gratitude for Mr. Fasano’s contributions. "We are grateful for the way Colombo brought the organization forward. He approached every decision with a laser-like focus on our customers. He was their strongest advocate" said Brown. "Colombo leaves us having developed a successful base from which we can take this group to the next level."

SUZOHAPP will continue to build on this success with the help of Wilbert Bieleman. Bieleman will take over the Solutions division in EMA (i.e., the SCAN COIN business) effective October 13, 2017. Having joined SUZOHAPP in May, Bieleman took leadership over the company's Components Division in EMA. Moving forward, he will oversee both Solutions & Components and will lead one united EMA Region as Managing Director of all EMA.

"We are confident that Wilbert is the right person to lead SUZOHAPP EMA into the future," said Brown. "In just a few months’ time, he has already made a significant impact on our Components business and I expect the same on the Solutions side. I am grateful to both Wilbert and Colombo for working so collaboratively to ensure a complete and smooth transition that will benefit our employees and our customers."

About SUZOHAPP:
SUZOHAPP provides highly engineered component solutions for interactive self-service hardware to the global amusement, gaming, industrial, transportation and vending markets by serving both equipment operators and original equipment manufacturers. SUZOHAPP's solutions include control devices and systems, currency handling equipment, display solutions, environmental products, machine operation components and payment systems. With over 1,100 global employees in 19 countries serving more than 25,000 customers worldwide, SUZOHAPP has manufacturing, engineering, distribution and service facilities in 19 countries globally. More information is available at www.suzohapp.com. SUZOHAPP is owned by affiliates of ACON Investments, L.L.C., a Washington, D.C.- based international private equity investment firm that has responsibility for managing approximately $4.4 billion of capital. For more information, visit www.aconinvestments.com.

Press contact:
Stella Burgi
SUZOHAPP EMEA Marketing Manager
stella.burgi@suzohapp.nl
+ 39 335 8780544