{"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

Europe’s largest gaming company Embracer Group<\/a> has announced that it acquired French board game publisher Asmodee<\/a> from private equity firm PAI Partners in a deal worth $3.1 billion (\u20ac2.75 billion). \u00a0<\/p>\n\n\n\n

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

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

“Asmodee would become our ninth operating group, moving Embracer towards becoming a leading independent global gaming eco-system with several market-leading positions,” said Embracer founder and CEO Lars Wingefors. “The Embracer strategy to build on passionate entrepreneurs and creators with a decentralized operating model continues to prove successful.”<\/p><\/blockquote>\n\n\n\n

Asmodee will continue to operate as it has before the takeover, with no organizational changes.<\/p>\n\n\n\n

If the deal goes through, Asmodee will become Embracer’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

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 “a similar number” in 2022.<\/p>\n\n\n\n

Send your news to news@gamesround.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Europe’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 […]<\/p>\n","protected":false},"author":14,"featured_media":5215,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[448,258,186],"class_list":["post-5214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asmodee","tag-embracer","tag-embracer-group"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t