Edenred completed the acquisition of Reward Gateway from Abry Partners and Castik Capital for £1.15bn.

Edenred, a digital platform for services and payments, completed the acquisition of Reward Gateway, a software development company, from Abry Partners and Castik Capital, fund managers, for £1.15bn. "Edenred has successfully extended its portfolio into non-Meal & Food benefits over the years. The Group has notably developed a leading offer in Employee Benefits and Savings platforms in 17 countries as part of its Beyond 22-25 strategy. This acquisition marks a major milestone in the roll-out of our strategic plan, putting Edenred in the best position to be the most trusted global Employee Benefits & Engagement platform. It opens the door for Edenred to accelerate the strengthening of its Employee Benefits value proposition. This move offers global corporations and enterprises international consistency in every market that we operate in," Arnaud Erulin, Edenred Global COO of Employee Benefits Solutions.