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Glory Global Solutions to invest in Acrelec

January 31, 2020

Glory Global Solutions Ltd., a wholly-owned subsidiary of Glory Ltd., has announced plans to invest in Acrelec Group SAS, a provider self-service solutions for the quick-service restaurant and retail industries. The announcement characterized the investment as "significant," but did not state the amount.

Headquartered in Saint Thibault des Vignes, France, with operations in a further 14 countries, Acrelec develops people-centered experiences through self-service kiosks, digital signage, mobile ordering and collection solutions. In addition to the front-of-store solutions, the company offers "whole process automation" solutions including Internet of Things data analytics, IVR, visual assessment, external data integration and the application of AI-generated rules to drive kitchen and process optimization for quick-service restaurants.

"We see an increasing trend where consumers want to take more control over their in-store shopping and dining experiences. Acrelec offers consumers this control, through personally and contextually responsive self-service solutions," Akihiro Harada, chief executive officer at Glory Global Solutions, said in the press release. "Our investment in Acrelec will help accelerate their pace of innovation to capitalize on this trend. We will also work together to ensure continued choice in customer payment, including the integration of Glory's cash automation solutions to extend the range of payment options for consumers using Acrelec self-order and pay kiosks."

"We know that partnering with the highly respected Glory Group will be reassuring for our extraordinary, world-leading customers, who can be certain Acrelec will continue to serve them with passion, devotion and continuous innovation," said Jalel Souissi, co-CEO of Acrelec, in the release. 
 

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ACRELEC

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, we develop and integrate new platforms that increase customer engagement, optimize efficiency, and improve operations.

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