Edenred to acquire Italian employee engagement platform Easy Welfare

Edenred, the global leader in payment solutions for the working world, announces the acquisition of Easy Welfare, the number one operator of employee engagement platforms in Italy. Value of the transaction is around €53m. “Through this transaction, Easy Welfare employee users will now have access to the largest Italian acceptance network, which is made up of more than 20,000 of Edenred’s partner merchants, e-tailers and service providers. With this type of offering, Edenred can align itself as closely as possible with businesses’ new needs and with the high demand for flexible usage from their employees,” Arnaud Erulin, Edenred’s Chief Operating Officer, Middle East and Africa.