Epassi Group has acquired German employee benefits provider Belonio to strengthen its presence in the market and consolidate operations under a unified brand ahead of its 2026 launch in Germany.

Target Information

The Epassi Group, which includes Hansefit and operates throughout Europe, has expanded its presence in Germany by acquiring Belonio, a provider of a comprehensive employee benefits platform. This acquisition not only strengthens Epassi's foothold in the German market but also enables the consolidation of local operations into a unified multi-benefit offering. Epassi aims to introduce its brand into Germany in 2026.

Belonio is recognized as a leading digital multi-benefit provider in Germany, offering a user-friendly platform designed to enhance employee benefits and engagement. The integration of Belonio into the Epassi Group underscores a strategic commitment to strengthening their role as a frontrunner in the European HR and benefits ecosystem.

Industry Overview

The employee benefits industry in Germany is witnessing significant growth, driven by an increasing demand for flexible, innovative solutions tailored to the diverse need