WEX completes purchase of Brazilian payroll card firm
WEX Inc. (NYSE: WEX), the South Portland-based provider of corporate payment solutions, announced Tuesday it has acquired the remaining 49% stake in UNIK S.A.
Following its initial investment in 2012, WEX has now consummated the purchase of UNIK, a leading provider of salary payment and freight cards in Brazil. UNIK’s cards are accepted at over 1.8 million commercial establishments in Brazil.
WEX serves a global set of customers and partners through its operations around the world, with offices in the United States, Australia, New Zealand, Brazil, the United Kingdom, Italy, France, Germany, Norway, and Singapore. WEX and its subsidiaries employ more than 2,000 people.
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