Shift4 has announced its acquisition of Global Blue, a Swedish company specializing in tax-free shopping payments, for €2.39 billion ($2.5 billion). The deal, which offers a 15% premium over Global Blue’s market value, is expected to close by Q3 2025, pending regulatory approval. Shift4 will purchase Global Blue shares at $7.50 (€7.16) each, a move that will result in the company delisting from stock exchanges once the merger is finalized.
Global Blue, with over 40 years of experience, operates in Europe, Asia, and South America, offering tax refund and currency conversion services to over 400,000 retail and luxury hotel locations. Shift4 intends to integrate Global Blue’s global commerce solutions into its own payments platform, enhancing its offerings for merchants globally.
Shift4’s President, Taylor Lauber, views the acquisition as a significant opportunity to expand into new markets and unlock new revenue streams, while Global Blue’s CEO, Jacques Stern, believes joining Shift4 will strengthen the company’s value proposition for merchants worldwide.
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