FDJ acquires L’Addition in bid to become leading French payment provider

Groupe FDJ acquires L'Addition
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Groupe FDJ has confirmed its acquisition of L’Addition, a French firm specialising in payment management, point of sales systems and management services for the hospitality sector.

L’Addition has become a significant player in the country’s CHR (cafe/hotel/restaurant) network since its formation in 2012, and the operator of the French National Lottery has seized upon its success to bolster its own objectives.

“It contributes to the development of FDJ Group’s Payments and Services business, which aims to become France’s leading proximity payment collection and processing network,” FDJ stated.

The acquisition follows that of point-of-sale collection and payments solution firm Aleda earlier in July. After entering into exclusive negotiations to buy Aleda, FDJ completed its purchase in mid-July.

“These acquisitions consolidate the foundations of FDJ’s new services business in both the bar/tobacconist/newsagent network and the CHR network,” FDJ added.

“They bolster the Group’s objective of becoming the preferred partner of local retailers in the operational management and development of their points of sale.”

L’Addition is currently used by around 10,000 retailers and has a total of 70 employees at its locations in Paris and Bordeaux.

FDJ also referenced the ‘ideal’ nature of L’Addition’s PoS systems and processing solutions in the restaurant business, and they can be accessed from tablets connected to the network at points of sale.