Acrelec announces $223 million investment from Glory to expand in-store quick service solutions

By | February 2, 2020

Excerpt from TechEU 01/31/2020

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acrelec kiosk logo Acrelec, the global leader in customer experience technology for “quick service” restaurants and retailers, has announced plans for a $223 million investment by Glory Global Solutions. The funding is subject to review by Acrelec’s employee representatives and certain competition authorities.

Acrelec has developed kiosks, drive-through and self-checkouts for many of the world’s best-known restaurants and retail brands including McDonald’s, Burger King, KFC, Walmart, Carrefour and Auchan. With the help of artificial intelligents, Acrelec systems aim to personalise the in-store customer journey.

Headquartered in Saint-Thibault-des-Vignes and founded in 2004, the company now has 40,000 installations across more than 70 countries.

Glory, a 100-year-old industrial leader in cash management, provides the French company with cash automation technologies and process engineering services that handle the cash flow running through Acrelec’s kiosks. Glory’s technology also provides consumers with more payment options.

Author: News Editor

Kiosk manufacturer experience since 1993. Engineer for Verizon Bill Pay kiosks while at KIS in Colorado. Extensive device knowledge for printers, scanners, currency, PCI, ADA, touch screen technology, outdoor, biometrics such as fingerprint and IRIS. Runs and manages the current kiosk association, KMA. Works with U.S. Access Board on ADA and accessibility. PCI SSC participating organization. Member of National Retail Federation (NRF) and National Restaurant Association.