We have advised eurochange on its partnership with Marks and Spencer (M&S) to provide travel money across all M&S stores.
eurochange is one of the UK’s leading foreign exchange experts, specialising in travel money, international payments, money transfers and remittance services for retail, business and banking customers.
This strategic partnership enables eurochange to provide its foreign exchange services in 96 M&S travel money bureaus, offering consumers easy access to travel money across a wide range of currencies. It also enables click & collect service for over 50 currencies from more than 580 UK locations.
Commenting on the partnership, Partner Sian Skelton said: "It is a pleasure to work with eurochange on yet another significant milestone in their growth journey. Their partnership with M&S marks an important step in the evolution of the business as it rolls out an impressive travel money infrastructure across the UK. Congratulations to eurochange and M&S and we look forward to what's next for the eurochange team."
Charles Stewart, managing director of eurochange said: "We're thrilled to be teaming up with M&S, one of Britian's most trusted brands. Thank you to Taylor Wessing for their support on the transaction, the commercial and strategic advice provided by their multi-disciplinary team ensured that all aspects of a transaction were carefully considered to the best of our interests."
The deal was led by Sian Skelton (Partner), Kelly Burke (Senior Counsel), and Oz Watson (Senior Associate) in the Commercial Technology team. The wider team included Martin Yells (Partner) in the Banking & Finance team, Mila Pencheva (Senior Counsel) in the Financial Services Regulatory team, and Jordan Buckle (Senior Associate) in the Employment team.
