MergerLinks Header Logo

Announced

Completed

Glory completed the acquisition of a majority stake in Acrelec Group, for £172m.

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.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US