Splitting Up
Embracer Group to be Split Into Three Parts
Following the "successful completion" of its restructuring programme, Embracer Group is to be split into three separate publicly listed companies.
Marcel Kleffmann22.04.2024 07:40
The Board of Directors of Embracer Group announces the separation of the Group into three distinct games and entertainment companies: Asmodee Group, Coffee Stain & Friends (WT) and Middle-earth Enterprises & Friends (WT). The three entities will become separate, publicly traded companies in order to better focus on their respective core strategies. The transformation plan has been endorsed by shareholders representing more than 50 per cent of Embracer Group's capital and votes.