Diebold / Wincor Nixdorf merger inquiry

The CMA investigated the completed acquisition by Diebold, Incorporated of Wincor Nixdorf AG.

Phase 2

Administrative timetable

Date of referral: 30.8.16

Statutory deadline: 10.4.17



Sale to Cennox completes Diebold remedy

29 June 2017: Diebold Nixdorf has completed the sale of Diebold’s customer-operated cashpoint business in the UK to Cennox, a purchaser approved by the CMA.

Remedy group appointed

13 June 2017: The CMA has appointed the following panel group members to the Diebold / Wincor remedy group:

Martin Cave (Inquiry Chair), Sarah Chambers and Bob Spedding.

Final undertakings

10 May 2017: The CMA has accepted undertakings from Diebold to remedy the substantial lessening of competition identified in the final report.

Amendments/consents granted:

Notice of proposal to accept final undertakings

Final report

Provisional findings

20 December 2016: The CMA has provisionally found that Diebold’s acquisition of Wincor may reduce competition in the supply of customer-operated cashpoints in the UK.


The publication of the evidence of any party on the CMA’s webpages does not indicate in any way endorsement by the CMA of the views expressed in the evidence or acceptance of that evidence. Publication in this way is designed to assist public understanding of the issues.

Responses to provisional findings and notice of possible remedies

Additional submission

Hearing summaries

Summaries of phase 1 calls

Initial submissions

Issues statement

27 September 2016: The issues statement sets out the scope of the investigation. It outlines initial theories on what might be adversely affecting competition, but it does not set out findings or conclusions.

Inquiry group appointed

The CMA appointed the inquiry group on 30 August 2016.

Martin Cave (Inquiry Chair), Bob Spedding, Roger Finbow and Sarah Chambers.

Terms of reference

30 August 2016: The CMA has referred the completed acquisition by Diebold, Incorporated of Wincor Nixdorf AG.

Phase 1

Phase 1 date Action
27 September 2016 Decision published
19 August 2016 Decision announced
15 August 2016 Initial enforcement order
24 June to 8 July 2016 Invitation to comment
24 June 2016 Launch of merger inquiry

Reference decision

Reference unless undertakings accepted

Initial enforcement order

16 August 2016: On 15 August 2016, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Diebold, Incorporated (Diebold) and Diebold International Limited (Diebold International) in relation to its completed acquisition of Wincor Nixdorf AG.

Amendments/consents granted:

Launch of merger inquiry

24 June 2016: The CMA announced the launch of its merger inquiry by notice to the parties.


Please send written representations about any competition issues to:

Karina Kucaidze
Competition and Markets Authority
Victoria House
Southampton Row


Published 24 June 2016
Last updated 29 June 2017 + show all updates
  1. Sale of Diebold’s customer-operated cashpoint business announcement added and derogation to final undertakings published.
  2. Remedy group appointments added.
  3. Final undertakings published.
  4. Derogation published.
  5. Notice of proposal to accept undertakings published.
  6. Final report published.
  7. Derogation published.
  8. Responses to provisional findings and notice of possible remedies published.
  9. Derogation published.
  10. Timetable updated and notice of extension published.
  11. Derogation published.
  12. Derogations published.
  13. Full provisional findings report published.
  14. Summary of provisional findings and notice of possible remedies published.
  15. Derogation published.
  16. Hearing summary published.
  17. Hearing summaries and additional submission published.
  18. Summaries of calls published.
  19. Summaries of calls published.
  20. Initial submissions published.
  21. Derogation published.
  22. Issues statement and full text of the decision published.
  23. Timetable published.
  24. Derogation published.
  25. Inquiry group appointments added.
  26. Reference decision announced and terms of reference published.
  27. Decision announced: reference unless undertakings accepted.
  28. Derogation published.
  29. Initial enforcement order and derogation published.
  30. Initial enforcement order published.
  31. First published.