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November 25, 2019

FDJ strengthens its position in payment and services with the acquisition of Bimedia

#Corporate

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FDJ announces the signature of a contract with Idinvest Partners in order to acquire Bimedia, a software publisher specialized in point-of-sale collection and payment solutions.
With nearly 140 employees in France, Bimedia is present in more than 6,400 points of sale in France, nearly 90% of which are tobacconists and newsagents.
This acquisition would be made based on an enterprise value of less than €50 million, financed from the Group's own funds.
Since its inception in 2002 in La Roche-sur-Yon, the Bimedia group has established itself as one of the leading operators in digital and innovative collection solutions and dematerialised services offered to local businesses (payment, money transfer, advertising network, etc.).
This acquisition would enable FDJ to accelerate the development of its "Payment and Services" business, in line with its 2025 strategic plan. FDJ thus confirms its commitment to support the development and modernisation of its retail distribution network by offering value-added services.
The completion of this transaction is subject to the usual suspensive conditions, including approval by the French Competition Authority.

 


MEDIA RELATIONS
Sabine Wacquez | 01 41 10 33 82 | servicedepresse@lfdj.com
INVESTOR RELATIONS
Marc Willaume | +33 1 41 04 19 74 | invest@lfdj.com
 



 

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