Friday January 24, 2020

An Post-backed Gift Voucher Shop sold for €110 million

The operator of the One4all card scheme is on the brink of being sold to Blackhawk Network Holdings, a multibillion-dollar business that operates in the pre-paid gift card and payments industries

3rd June, 2018

Gift Voucher Shop (GVS), the operator of the One4all card scheme, is on the brink of being sold for about €110 million.

The buyer of the business, which is 53.6 per cent owned by An Post, is Blackhawk Network Holdings, a multibillion-dollar business that operates in the pre-paid gift card and payments industries.

Blackhawk is led in Europe by Irishman Jonathan Kenny. In January, Nasdaq-listed Blackhawk said it had agreed a take-private deal with private...

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