Pluxee, the former employee benefits division of Sodexo, announced on Friday that it had signed an agreement to acquire 100% of Benefício Fácil, a Brazilian provider of mobility solutions for public transport.

"The transaction is expected to have a positive impact on EBITDA margin from the first year," said Aurélien Sonet, the group's CEO, in a press release.

The transaction, the amount of which was not disclosed, is fully financed by available resources, Pluxee states in the release.

(Written by Mara Vîlcu and Elena Smirnova, edited by Augustin Turpin)