Thunderful considers sale of Headup Games

The Thunderful Group is currently investigating the possibility of selling Headup Games. The Swedish group briefly announced its plans. "The Headup team and its CEO, Dieter Schoeller, have made a great contribution to Thunderful since joining the group. However, in analysing Thunderful's core business and priorities, it has become clear that we need a clearer and more focused strategy. Therefore, we are now exploring the possibility of selling Headup," said Martin Walfisz, CEO of Thunderful Group. Management believes that the divestment could result in a partial write-off of goodwill and other intangible assets, which are currently recognised in the balance sheet at a value of approximately eleven million euros.

The Thunderful Group is currently investigating the possibility of selling Headup Games. The Swedish group briefly announced its plans. "The Headup team and its CEO, Dieter Schoeller, have made a great contribution to Thunderful since joining the group. However, in analysing Thunderful's core business and priorities, it has become clear that we need a clearer and more focused strategy. Therefore, we are now exploring the possibility of selling Headup," said Martin Walfisz, CEO of Thunderful Group. Management believes that the divestment could result in a partial write-off of goodwill and other intangible assets, which are currently recognised in the balance sheet at a value of approximately eleven million euros.