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FDJ United completed Kindred acquisition in 2024

PRIVATEAug 03, 2026•6 days ago

Acquiring Company

FDJ UNITED

Acquired Company

Kindred Group

Boulogne BillancourtVallettaGamingSportsFashionGamblingGambling Facilities and Casinos

Description

FDJ United acquired Kindred Group in October 2024 for approximately €2.5 billion, creating a significant player in the European gaming market. Two years post-acquisition, FDJ United is reviewing its online gaming business for potential divestment due to taxation pressures impacting revenue. The strategic review suggests possible market exits as a response to ongoing regulatory challenges.

Company Information

Company

FDJ UNITED

Location

Boulogne Billancourt, Ile De France, France

About

FDJ UNITED is one of Europe’s leading betting and gaming operators, with a vast portfolio of iconic brands and a reputation for technological excellence. The Group offers a diversified, responsible range of games, including lottery games and sports betting. With over 5,000 employees and a presence in more than 10 regulated markets, FDJ UNITED promotes responsible recreational betting. The Group is listed on the Euronext Paris regulated market.

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Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Kindred Group?

Kindred Group was acquired by FDJ UNITED, based in Boulogne Billancourt. The deal was reported on August 3, 2026. FDJ UNITED is one of Europe’s leading betting and gaming operators, with a vast portfolio of iconic brands and a reputation for technological excellence. FDJ UNITED is privately held and operates in Gaming.

When did FDJ UNITED acquire Kindred Group?

FDJ UNITED's acquisition of Kindred Group was reported on August 3, 2026. FDJ United acquired Kindred Group in October 2024 for approximately €2.5 billion, creating a significant player in the European gaming market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Kindred Group do?

Kindred Group plc. (Kindred) is a gaming company based in Stockholm, Sweden. Kindred offers a wide range of online gaming products, such as casino, poker, and sports betting. It is privately held, operating in Gambling Facilities and Casinos, and is based in Valletta.

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