FDJ acquires payment service provider

Française des Jeux (FDJ) has signed a deal with Idinvest Partners to acquire Bimedia, a software publisher that specialises in point of sale collection and payment solutions.

fdj

The exact figure of the deal has not been disclosed but FDJ said the fee would be based on an enterprise value of less than €50m ($55.1m).

The acquisition would allow FDJ to accelerate the development of its Payment and Services business, a strategy in line with its 2025 business plan.

Bimedia has 140 employees in France and is present in more than 6,400 points of sale in the country, nearly 90% of which are tobacconists and newsagents.

The completion of the transaction is subject to the usual conditions, including approval by the French Competition Authority.

Last week, FDJ saw its share price surge after making its debut on the stock market.

President Emmanuel Macron’s Government is planning to sell government shareholdings in specific businesses, to raise funds for innovation projects and boost the country’s economy.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Aristocrat Gaming
Resorts World Las Vegas
Star Sports Group
Hard Rock Hotel & Casino Tejon
Follow Us

Facing Facts: Analysing figures from emerging gambling markets

Where is the gambling market on the rise, and are there any...

Taking Stock: A guide to lottery/iLottery operator and supplier prices

Gambling Insider tracks lottery/iLottery operator and suppli...

New Horizons Cover Feature: United Arab Emirates

With its first land-based casino set to open in 2027 and a n...

New Horizons Cover Feature: Brazil

Brazil performed quite the feat by getting its heavily delay...

The best of Malta at the Global Gaming Awards

Powered by Gambling Insider, the Global Gaming Awards are th...

Preview: SiGMA Malta 2024

A place in the winter sun: SiGMA returns to the home of iGa...

Company profile: Soft2Bet

Bill 55: Advantages and challenges for Maltese operators in...

Company profile: DS Virtual Gaming

DS Virtual Gaming is a leader in the gaming industry, utilis...