{"id":5214,"date":"2021-12-18T00:41:43","date_gmt":"2021-12-18T07:41:43","guid":{"rendered":"https:\/\/www.gamesround.com\/blog\/?p=5214"},"modified":"2021-12-18T00:42:44","modified_gmt":"2021-12-18T07:42:44","slug":"embracer-group-acquires-asmodee-for-3-1bn","status":"publish","type":"post","link":"https:\/\/www.gamesround.com\/blog\/embracer-group-acquires-asmodee-for-3-1bn","title":{"rendered":"Embracer Group Acquires Asmodee For $3.1bn"},"content":{"rendered":"\n<p>Europe&#8217;s largest gaming company <a href=\"https:\/\/www.gamesround.com\/blog\/embracer-group-buys-demiurge-studios-smartphone-labs-fractured-byte\" title=\"Embracer Group Buys Demiurge Studios, SmartPhone Labs, &amp; Fractured Byte\">Embracer Group<\/a> has announced that it acquired French board game publisher <a href=\"https:\/\/www.gamesround.com\/blog\/asmodee-announces-acquiring-board-game-arena\" title=\"Asmodee Announces Acquiring Board Game Arena\">Asmodee<\/a> from private equity firm PAI Partners in a deal worth $3.1 billion (\u20ac2.75 billion). \u00a0<\/p>\n\n\n\n<p>According to the terms of the transaction, Embracer will pay $394 million (\u20ac350 million) in newly issued Embracer shares, while the remaining $2.7 billion ((\u20ac2.4 billion) will be paid in cash.<\/p>\n\n\n\n<p>The acquisition, which is anticipated to be completed in the first half of 2019, will result in additional income for Embracer.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>&#8220;Asmodee would become our ninth operating group, moving Embracer towards becoming a leading independent global gaming eco-system with several market-leading positions,&#8221; said Embracer founder and CEO Lars Wingefors. &#8220;The Embracer strategy to build on passionate entrepreneurs and creators with a decentralized operating model continues to prove successful.&#8221;<\/p><\/blockquote>\n\n\n\n<p>Asmodee will continue to operate as it has before the takeover, with no organizational changes.<\/p>\n\n\n\n<p>If the deal goes through, Asmodee will become Embracer&#8217;s ninth acquired company. Founded in 1995, the Paris-based studio has a portfolio of around 1,000 games. The company sells more than 39 million games in over 50 countries every year.<\/p>\n\n\n\n<p>Embracer recently completed a 69 million B-share offering at 87 Swedish crowns per share, raising roughly 6 billion crowns. In November, Embracer made 37 acquisitions during the previous year and is anticipating &#8220;a similar number&#8221; in 2022.<\/p>\n\n\n\n<p>Send your news to <a href=\"mailto:news@gamesround.com\">news@gamesround.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Europe&#8217;s largest gaming company Embracer Group has announced that it acquired French board game publisher Asmodee from private equity firm PAI Partners in a deal worth $3.1 billion (\u20ac2.75 billion). \u00a0 According to the terms of the transaction, Embracer will pay $394 million (\u20ac350 million) in newly issued Embracer shares, while the remaining $2.7 billion [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":5215,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[448,258,186],"_links":{"self":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5214"}],"collection":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/comments?post=5214"}],"version-history":[{"count":9,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5214\/revisions"}],"predecessor-version":[{"id":5224,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5214\/revisions\/5224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media\/5215"}],"wp:attachment":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media?parent=5214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/categories?post=5214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/tags?post=5214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}