Pluxee to Acquire Cobee

mergers and acquisitions

Pluxee, a Paris, France-based company which specializes in employee benefits and engagement, acquired Cobee, a Spanish employee benefits digital-native player.

The amount of the deal was not disclosed.

With this acquisition, Pluxee delivers the first milestone of its targeted and disciplined M&A strategy as part of its strategic growth plan.

Led by CEO Borja Aranguren, and CSO Ignacio Travesí, Cobee is an employee benefits company that has expanded its presence to Portugal and Mexico. The company serves more than 1,500 clients and 100,000 employee consumers with a broad multi-benefit offering, which includes over 12 products such as meal vouchers, training, health and life insurance, physical well-being and employee discounts, among others.

Led by CEO Aurélien Sonet, Pluxee is a global player in employee benefits and engagement that operates in 31 countries. It helps companies attract, engage, and retain talent thanks to a broad range of solutions across meal and food, wellbeing, lifestyle, reward and recognition, and public benefits. Empowered by technology and more than 5,000 engaged team members, it acts as a partner within an interconnected B2B2C ecosystem made up of more than 500,000 clients, 36 million consumers and 1.7 million merchants.

FinSMEs

12/06/2024