Announced
Completed
Financials
Sources
Tags
Friendly
Software
Single Bidder
software services
Majority
France
cloud services
Completed
Private
software solutions
Acquisition
Private Equity
Synopsis
Glory Global Solutions, a cash technology solutions provider, completed the acquisition of a majority stake in Acrelec Group, a provider of software solutions to the food industry, for £172m. “Our investment in Acrelec is another step in the execution of GLORY’s Long-Term Vision 2028. Acrelec’s success in self-service kiosks, click and collect solutions, and drive-through service optimization, together with their expertise in IoT and artificial intelligence, are directly aligned with Glory’s diversification and growth strategy," Motozumi Miwa, Glory President.
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