Announced

Groupe FDJ to acquire Kindred for SEK28bn.

Synopsis

Groupe FDJ, a French gaming operator, agreed to acquire Kindred, an online gambling operator, for SEK28bn. “I’m delighted with today’s transaction announcement between FDJ and Kindred, creating a leading European gaming operator with the financial and strategic capabilities to further expand its global footprint. I believe that combining with FDJ, Kindred can accelerate the delivery of long-term strategic projects, continue to grow in core markets, and provide a trusted source of entertainment to customers. It will also speed up our path towards 100% locally regulated revenue. I’m excited to bring Kindred’s extensive experience and know-how into FDJ’s organisation, contributing to the development of a leading online gaming business. I’m also very proud that FDJ acknowledges and values the skilled employees and strong assets within Kindred,” Nils Andén, Kindred CEO.

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