INSIDE INFORMATION: The Board of Directors of Embracer Group AB (“Embracer Group”) today announces a transformative step for value creation through a separation of the group into three market-leading games and entertainment companies: Asmodee Group, “Coffee Stain & Friends”[1] and “Middle-earth Enterprises & Friends”[1]. The three entities will be separate, publicly listed companies, enabling each […]

cross-posted from: https://lemm.ee/post/30066799

Embracer Group announces its intention to transform into three standalone publicly listed entities at Nasdaq Stockholm - Embracer Group

INSIDE INFORMATION: The Board of Directors of Embracer Group AB (“Embracer Group”) today announces a transformative step for value creation through a separation of the group into three market-leading games and entertainment companies: Asmodee Group, “Coffee Stain & Friends”[1] and “Middle-earth Enterprises & Friends”[1]. The three entities will be separate, publicly listed companies, enabling each entity to better focus on their respective core strategies and offer more differentiated and distinct equity stories for existing and new shareholders. This will enable the entities to unlock value in the high-quality assets of Embracer Group following the successful completion of the restructuring program.

The three separate publicly listed entities are expected to consist of:

  • Asmodee, a global leading tabletop games publisher and distributor with an extensive studio network and IP catalogue.
  • Net Sales of SEK 14.8 billion and Adjusted EBIT of SEK 1.9 billion on a pro forma basis as per LTM[2] December 2023
  • “Coffee Stain & Friends”, a diverse gaming entity with a dual focus on indie and A/AA premium and free-to-play games for PC/console and mobile, with a high degree of recurring revenues.
  • Net Sales of SEK 10.9 billion, Adjusted EBIT of SEK 2.8 billion on a pro forma basis as per LTM December 2023.
  • “Middle-earth Enterprises & Friends”, a creative powerhouse in AAA game development and publishing for PC and console, as well as the stewards of The Lord of the Rings and Tomb Raider intellectual properties, among many others.
  • WarmSoda@lemm.eeEnglish
    26·
    8 months ago

    Embracer owns far too much stuff. The Lord of the Rings media, Dark Horse comics, Crystal Dynamics, Tomb Raider, Deus Ex, Thief, and Legacy of Kain, Warhorse (the Kingdom Come devs), 3D Relms, Gearbox (then sold off half of that), Zen Studios (the PinballFX devs), the Metro series, Coffee Stain (Goat Simulator and Satisfactory), the Gothic series, Silent Storm, The Guild 2, Alone in the Dark, Red Faction, Jaggied Alliance… And a crap ton more.

    All because of one karaoke wii game called We Sing.