M&A Deal Summary

La Francaise des Jeux Acquires Kindred Group

On October 3, 2024, La Francaise des Jeux acquired gaming company Kindred Group for 2M EUR

Acquisition Highlights
  • This is La Francaise des Jeux’s 3rd transaction in the Gaming sector.
  • This is La Francaise des Jeux’s largest (disclosed) transaction.
  • This is La Francaise des Jeux’s 2nd transaction in Malta.

M&A Deal Summary

Date 2024-10-03
Target Kindred Group
Sector Gaming
Buyer(s) La Francaise des Jeux
Deal Type Add-on Acquisition
Deal Value 2M EUR

Target

Kindred Group

Sliema , Malta
Kindred Group is an online gambling company, that offers products such as online casinos, online poker, online bingo, sports betting, soft games, scratch cards, and live betting. Kindred Group was founded in 1997 and is based in Sliema, Malta.

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Buyer(S) 1

Buyer

La Francaise des Jeux

Boulogne Billancourt, France

Category Company
Founded 1933
Sector Gaming
Employees3,520
Revenue 3.1B EUR (2024)
DESCRIPTION

La Francaise des Jeux is a lottery operator focused on offering a range of around 85 enjoyable, responsible games to the general public, both at points of sale and online: lottery games – draw games, instant games, and sports betting. La Francaise des Jeux was formed in 1933 and is based in Boulogne Billancourt, France.


DEAL STATS #
Overall 5 of 5
Sector: Gaming M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Malta M&A 2 of 2
Year: 2024 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-27 Premier Lotteries Ireland

Dublin, Ireland

Premier Lotteries Ireland is an operater of Irish National Lottery. Premier Lotteries Ireland is committed to running a responsible, world-class lottery that generates significant Good Cause funding to support communities. Premier Lotteries Ireland is based in Dublin, Ireland.

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