The Competition Commission of India (CCI) has approved the acquisition of 100% of the equity share capital of NCR Atleos Corporation by The Brink's Company. This proposed combination will result in NCR Atleos becoming wholly owned and controlled by Brink's upon completion of the transaction.
The Brink's Company is a global provider of cash and valuables management, digital retail solutions, and ATM managed services operating in over 100 countries. In India, the company principally provides cash replenishment services and ancillary first-line maintenance services through its subsidiary Brink's India Private Limited.
NCR Atleos Corporation is a financial technology company providing self-directed banking solutions globally. In India, the company's activities include: (i) manufacture and supply of ATM hardware through its Chennai manufacturing facility; (ii) development and licensing of ATM software; (iii) ATM managed services including monitoring, help-desk, and transaction processing; and (iv) ATM maintenance services covering both first-line and second-line maintenance.
The Commission noted that a detailed order regarding this approval will follow. The announcement was made on July 22, 2026, through the PIB Delhi release mechanism with reference ID 2288055.