Pluxee: to acquire 100% of Benefício Fácil
(CercleFinance.com) - Pluxee announces that it has signed an agreement to acquire 100% of Benefício Fácil, a Brazilian provider of mobility solutions for public transport.
In Brazil, this is a fast-growing and under-penetrated market - mobility benefits for employees are mandatory, the group says. The agreement is subject to approval by the Central Bank of Brazil (BACEN).
With this acquisition, Pluxee continues to execute its strategic growth plan, expanding in the mobility sector and strengthening its comprehensive employee benefits offering in a key market.
This acquisition follows a long-standing partnership between both companies. Together, Pluxee and Benefício Fácil will leverage the existing network of transport operators and work to expand the adoption of mobility benefits in Brazil, particularly amongst SMEs, management says.
"Benefício Fácil is a top-rated platform that provides essential transport services to Brazilian employees, addressing an available market valued at over E20 billion".
Copyright (c) 2024 CercleFinance.com. All rights reserved.
In Brazil, this is a fast-growing and under-penetrated market - mobility benefits for employees are mandatory, the group says. The agreement is subject to approval by the Central Bank of Brazil (BACEN).
With this acquisition, Pluxee continues to execute its strategic growth plan, expanding in the mobility sector and strengthening its comprehensive employee benefits offering in a key market.
This acquisition follows a long-standing partnership between both companies. Together, Pluxee and Benefício Fácil will leverage the existing network of transport operators and work to expand the adoption of mobility benefits in Brazil, particularly amongst SMEs, management says.
"Benefício Fácil is a top-rated platform that provides essential transport services to Brazilian employees, addressing an available market valued at over E20 billion".
Copyright (c) 2024 CercleFinance.com. All rights reserved.