BASINGSTOKE, England - Wednesday, 26. November 2025
Acrelec becomes a wholly owned subsidiary of Glory
(BUSINESS
WIRE)--Glory Global Solutions (International) Ltd, a wholly-owned
subsidiary of GLORY Ltd. [TYO:6457], has announced the acquisition of
the remaining equity shares in Acrelec Group SAS.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251126039437/en/
Acrelec
is a global technology company focused on reinventing the customer
experience for restaurant and retail brands. Leveraging decades of
software, hardware and service expertise, the company develops and
integrates new platforms that increase customer engagement, optimize
efficiency and improve operations. With over 120,000 installations
across more than 70 countries, Acrelec counts many of the world’s
best-known restaurant mega-brands among its customers.
We
announce that Jalel Souissi has left the Acrelec Group following the
completion of the recent share acquisition. Jalel Souissi has played a
pivotal role in the development and success of Acrelec, serving as
Co-Founder and Co-CEO over the years. Jalel's vision, passion, and
dedication have been instrumental in building Acrelec into a global
leader in technology solutions for restaurant and retail brands.
On
behalf of the entire Glory and Acrelec teams, we extend our sincere
thanks to Jalel Souissi for his outstanding commitment and tireless
efforts in shaping the company’s journey. We wish Jalel every success in
future endeavors.
Speaking about the investment, Toshimitsu
Yoshinari, President of Glory’s International Business said, “Since our
initial investment in Acrelec in 2020, the two organisations have been
working closely to bring the combined value of our solutions to
restaurants around the world. Glory recognises the continuing
opportunities for growth capture in the food and beverage industry so
the time is right to take the next step and bring Acrelec fully into the
Glory Group of Companies.”
About GLORY
As a global leader
in cash technology solutions, we provide the financial, retail, cash
center and gaming industries with confidence that their cash is
protected and always working to help build a stronger business.
Our
cash automation technologies and process engineering services help
businesses in more than 100 countries optimize the handling, movement
and management of cash. While we span the globe, we personally engage
with each customer to address their unique challenges and goals —
enhancing staff efficiency, reducing operating costs and enabling a more
rewarding customer experience.
Employing over 11,000
professionals worldwide with dedicated R&D and manufacturing
facilities worldwide, GLORY is built on a rich customer-focused,
technology-driven heritage spanning almost a hundred years.
For further information please visit www.glory-global.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251126039437/en/
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Contacts
Media Contacts:
GLORY
Paul Race
Vice President Strategic Marketing
+44 (0) 7887 052366
paul.race@glory-global.com
Thursday, November 27, 2025
GLORY Acquires Remaining Equity Shares in Acrelec Group
Posted by
Business Daily Africa