Edenred SA (ENXTPA:EDEN) is looking for acquisitions. During the company's first quarter of 2023 revenue conference call, Julien Tanguy, Chief Financial Officer, said that ‘ And our strategy in terms of M&A is still the same, knowing we are here to consolidate some markets. It is the case, for instance, in Fleet & Mobility.

We know that in Europe, we could have some opportunities to consolidate the market. And then we are also here to add features to the Edenred platform. And you know it is exactly our strategy beyond.

And if you look at what we've been able to do over the last 12 months, it's exactly what we've implemented with M&A. So, this is how we look at the M&A strategy. And we still have a pipe, and we are working on it. And our ambition is to make acquisitions to grow the company in the coming years and to be able to come to our clients with the right offer'.

‘So, as I said, we still have the ambition to grow through acquisitions. We are working on that. So, we announced regularly some acquisitions that are quite small, but we look at many things on the market, and as I said, we are looking at companies bringing new features to our platform, like we did with GOintegro'.