Pluxee has signed an agreement to acquire 100% of Cobee, an innovative Spanish digital player in Employee Benefits. This marks the first step in the Group's M&A strategy. Through this operation, Pluxee is set to accelerate its growth trajectory within the Spanish market and beyond, and offer a unique proposition for its clients, consumers, merchants and partners. Cobee is a fast-growing Spanish Employee Benefits player that has also expanded its presence to Portugal and Mexico. In only five years, it has delivered strong growth, and its best-in-class technology has been truly pivotal to its success. The combination of Pluxee’s and Cobee’s talents, capabilities, and technology will create the most complete, competitive, and attractive solution in Spain and Mexico, broadening the Group’s existing benefits offering and enhancing its tech capabilities at global scale. Aurelien Sonet, CEO of Pluxee, comments: “The acquisition of Cobee will represent a significant milestone for Pluxee, strengthening the Group’s position in the Spanish growing and underpenetrated Employee Benefits market. We have been impressed by Cobee’s performance since its inception, powered by its consumer-centric multi-benefit offering and best-in-class technology, which we will leverage to unlock the potential of our clients, including SMEs." More information in the press release: https://lnkd.in/eADYm2HA #Pluxee #LifeatPluxee #Merger #Acquisition #Growth
Bold move. Congratulations!
Go Pluxee !! Marwan El Boury plus d’excuses pour ne pas venir à Madrid maintenant 😂
Amazing news
Great news 👏
Congratulations!
Manager -Business Development
1moAmazing news ..Congrats Pluxee and the Team .