Cash Converters International to acquire Capital Cash for ₤14m.

Cash Converters International, a personal finance and secondhand retail company, agreed to acquire Capital Cash, a financial consultant, for ₤14m. “We continue to assess opportunities to invest our capital sensibly, to generate value for our shareholders. We are particularly excited to announce an agreement on terms to acquire the largest Cash Converters franchise store network in the UK and to integrate a proven management team into our corporate operation. I would like to take this opportunity to thank the Capital Cash team for the investment made in establishing our brand in local markets over twenty years, as we now look forward to consolidating and growing a corporate network of stores across the UK," Sam Budiselik, Cash Converters Managing Director.