Worldline Acquires Remaining 20% Stake in Greek JV for €72M
Event summary
- Worldline has acquired the remaining 20% stake in its Greek joint venture from Eurobank for €72M.
- The transaction was funded using existing cash and brings Worldline’s ownership of Worldline Greece to 100%.
- The deal aligns with Worldline’s North Star 2030 plan to focus on core European payment markets.
- Worldline expects its net debt to EBITDA ratio to remain below 2x at the end of 2026.
The big picture
Worldline’s acquisition of the remaining stake in its Greek joint venture underscores its commitment to consolidating its presence in key European markets. The move aligns with broader industry trends of payment providers strengthening their regional footprints to better compete with global players. With €4bn in revenue in 2025, Worldline is positioning itself as a dominant force in the European payment services sector, leveraging strategic partnerships like the one with Eurobank to expand its merchant base and payment solutions.
What we're watching
- Market Expansion
- How Worldline will leverage its full ownership of Worldline Greece to accelerate growth in one of its fastest-growing markets.
- Strategic Alignment
- Whether the acquisition will further streamline Worldline’s operations in line with its North Star 2030 transformation plan.
- Financial Impact
- The pace at which Worldline can maintain its net debt to EBITDA ratio below 2x while pursuing further strategic initiatives.
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