Groupe FDJ completed the acquisition of Kindred for SEK28bn.

Groupe FDJ, a French gaming operator, completed the acquisition of Kindred, an online gambling operator, for SEK28bn. "I am delighted to announce today the acquisition of Kindred, a leading European player in the competitive online betting and gaming sector. Kindred has strong brands, recognised technological excellence and an attractive growth and profitability profile, all of which will bolster FDJ's strengths. The two groups also share high standards for responsible gaming and a business model that combines performance and responsibility. This acquisition creates a new European champion that intends to pursue its strategy of sustainable and profitable growth for the benefit of all its stakeholders,” Stéphane Pallez, FDJ Group Chairwoman and CEO.