MADIC group announces the acquisition of British company TLM

The French group extends its expertise in management systems and payments and takes a new step in its international deployment.

British company TLM, specialising in intelligent retail technologies for convenience and fuel, has joined the French industrial group MADIC. With this acquisition, MADIC will provide a complete management and payment solution.

“TLM is a dynamic and innovative player in the retail and forecourt market in the UK. This new acquisition is part of the MADIC group's development strategy on the international payment and customer track datalisation market,” said Fabrice Chapelain, MADIC group CEO.

Including EPOS, back office and head office solutions, TLM develops unique technologies and integrate the systems necessary to run a retail business.

“The acquisition will see TLM’s evolution product suite developed and deployed internationally with the backing of a world-renowned player in the fuel and convenience market,” said Lee Papper, TLM CEO.

Founded in 1971 in Nantes, France, MADIC group is an innovative French manufacturing Company involved in payment, data and services.