Karlstad

Embracer Group AB secures an unsecured multicurrency revolving credit facility of SEK 6.0 billion

Retrieved on: 
Monday, June 28, 2021
Finance, Financial services, Service industries, Embracer Group, Karlstad, Swedbank, Nordea, SEB Group, Bank, Line of credit, RwS bank

STOCKHOLM, June 28, 2021 /PRNewswire/ -- Embracer Group AB secures an unsecured multicurrency revolving credit facility of SEK 6.0 billion arranged by leading Nordic banks Nordea, SEB and Swedbank.

Key Points: 
  • STOCKHOLM, June 28, 2021 /PRNewswire/ -- Embracer Group AB secures an unsecured multicurrency revolving credit facility of SEK 6.0 billion arranged by leading Nordic banks Nordea, SEB and Swedbank.
  • The terms and conditions for the new facility has been improved, including a lower credit margin for utilized debt.
  • The existing relationships with about a dozen international banks on operating group level will be maintained in addition to the facility.
  • With available liquidity of approximately SEK 19 billion earmarked for growth, we look forward to welcoming more great entrepreneurs and creators to the Embracer family", says Lars Wingefors, co-founder and Group CEO of Embracer Group.

Invitation to presentation of Embracer Group's Q4 and Year End Report

Retrieved on: 
Wednesday, May 12, 2021
Embracer Group, Karlstad, YouTube, Software, Companies, Computing

b"STOCKHOLM, May 12, 2021 /PRNewswire/ --Embracer Group hereby invites you to a presentation in connection with the publication of the Year End Report for the fiscal year 2020/2021 and the interim report for the fourth quarter, the period January-March 2021.

Key Points: 
  • b"STOCKHOLM, May 12, 2021 /PRNewswire/ --Embracer Group hereby invites you to a presentation in connection with the publication of the Year End Report for the fiscal year 2020/2021 and the interim report for the fourth quarter, the period January-March 2021.
  • The report will be published at 06.00 (CET) on May 20th and available as of this time at www.embracer.com .\nThe presentation will be held in English by CEO Lars Wingefors and CFO Johan Ekstrm, and afterwards a Q&A session, led by analyst Oscar Erixon from Carnegie, will follow.\nThe Embracer Group safeguards stakeholders' health and strives to help limit the spread of the coronavirus, as well as comply with applicable restrictions and regulatory recommendations.
  • The presentation will therefore only be held digitally without the possibility of personal presence.\nOnline: Welcome to participate online via Embracer Group's official YouTube channel or by webcast.\nQuestions are welcome in advance by e-mail to: [email protected] and live during the presentation via a message board (not available at YouTube).\nLink to Embracer Group's official Youtube channel: here\nEmbracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market.
  • The Group has 68 internal game development studios and is engaging more than 7000 employees and contracted employees in more than 40 countries.\nEmbracer Group's shares are publicly listed on Nasdaq First North Growth Market Stockholm under the ticker EMBRAC B with FNCA Sweden AB as its Certified Adviser; [email protected] +46-8-528 00399.\nSubscribe to press releases and financial information: https://embracer.com/investors/subscription/\n"

Embracer Group acquires Appeal Studios, KAIKO, Massive Miniteam and FRAME BREAK

Retrieved on: 
Tuesday, May 11, 2021
Video game publishers, Video game companies, Video gaming, Companies, Embracer Group, Karlstad, THQ Nordic, HandyGames, THQ, Kaiko

b'STOCKHOLM, May 11, 2021 /PRNewswire/ -- Embracer Group AB ("Embracer") through its subsidiaries THQ Nordic GmbH and Amplifier Game Invest AB have entered into four acquisition agreements to acquire 100% each of Appeal Studios S.A., KAIKO GmbH, Massive Miniteam GmbH and FRAME BREAK AB.

Key Points: 
  • b'STOCKHOLM, May 11, 2021 /PRNewswire/ -- Embracer Group AB ("Embracer") through its subsidiaries THQ Nordic GmbH and Amplifier Game Invest AB have entered into four acquisition agreements to acquire 100% each of Appeal Studios S.A., KAIKO GmbH, Massive Miniteam GmbH and FRAME BREAK AB.
  • See KAIKO\'s website for further information, http://www.KAIKOgames.com/ .\nMassive Miniteam GmbH: THQ Nordic GmbH\'s studio and publisher, HandyGames has acquired the German-based studio Massive Miniteam.
  • Massive Miniteam is a motivated and highly creative development team working with HandyGames on several titles.
  • Massive Miniteam will be fully integrated within the HandyGames organization, under the operative group THQ Nordic.

Embracer Group publishes Interim Report Q3, October-December 2020: Operational EBIT Increased 100% to SEK 603 Million

Retrieved on: 
Thursday, February 18, 2021
Embracer Group, Karlstad, ebit, Cy, Companies

Net sales increased by 44% to SEK 2,168.1 million (1,508.5) whereof the Games business area contributed SEK 1,355.6 million (835.7) driven by 21% organic CCY growth (YTD CCY 54%).

Key Points: 
  • Net sales increased by 44% to SEK 2,168.1 million (1,508.5) whereof the Games business area contributed SEK 1,355.6 million (835.7) driven by 21% organic CCY growth (YTD CCY 54%).
  • Operational EBIT grew by 100% to SEK 603.1 million (302.1).
  • Embracer Group has 57 internal game development studios and is engaging more than 5,500 employees and contracted employees in more than 40 countries.
  • Subscribe to press releases and financial information: https://embracer.com/investors/subscription/
    This Interim Report is information that is mandatory for Embracer Group to make public pursuant to the EU Market Abuse Regulation.

Embracer Group acquires Flying Wild Hog

Retrieved on: 
Wednesday, November 18, 2020
Embracer Group, Karlstad, Koch Media, Flying Wild Hog, Koch, Video game companies, Companies, Video gaming

STOCKHOLM, Nov. 18, 2020 /PRNewswire/ --Embracer Group AB ("Embracer"), through its wholly owned subsidiary Koch Media GmbH, has today entered into an agreement to acquire 100 percent of the shares in the Poland-based Flying Wild Hog ("FWH") from Supernova Capital LLP.

Key Points: 
  • STOCKHOLM, Nov. 18, 2020 /PRNewswire/ --Embracer Group AB ("Embracer"), through its wholly owned subsidiary Koch Media GmbH, has today entered into an agreement to acquire 100 percent of the shares in the Poland-based Flying Wild Hog ("FWH") from Supernova Capital LLP.
  • Flying Wild Hog will remain independently run by its strong management team within Koch Media, while exploring the benefits from collaboration with the wider Embracer Group.
  • Within the Embracer Group, Flying Wild Hog will operate as an independent studio in the Koch Media Group, which has high confidence in the competence and knowledge that has been accumulated during FWH's +11 years in the games business.
  • "We are absolutely thrilled that Flying Wild Hog will be joining Koch Media and the Embracer family.

Embracer Group acquires Coffee Stain North

Retrieved on: 
Wednesday, November 18, 2020
Video game publishers, Video game companies, Video gaming, Counties of Sweden, Embracer Group, Karlstad, Coffee Stain Studios, THQ Nordic, Koch Media, THQ, DECA Games, Deep Silver

STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer") has today entered into an agreement to acquire the remaining 40 percent of the shares in Coffee Stain North AB ("CSN"), from the nine original founders.

Key Points: 
  • STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer") has today entered into an agreement to acquire the remaining 40 percent of the shares in Coffee Stain North AB ("CSN"), from the nine original founders.
  • The acquisition makes CSN a wholly owned subsidiary of Coffee Stain Holding AB ("Coffee Stain").
  • We've worked with CSN since 2013 and their team is a great addition to the Coffee Stain group.
  • With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its six operative groups: THQ Nordic GmbH, Koch Media GmbH/Deep Silver, Coffee Stain AB, Amplifier Game Invest, Saber Interactive and DECA Games.

Embracer Group acquires Coffee Stain North

Retrieved on: 
Wednesday, November 18, 2020
Video game publishers, Video game companies, Video gaming, Counties of Sweden, Embracer Group, Karlstad, Coffee Stain Studios, THQ Nordic, Koch Media, THQ, DECA Games, Deep Silver

STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer") has today entered into an agreement to acquire the remaining 40 percent of the shares in Coffee Stain North AB ("CSN"), from the nine original founders.

Key Points: 
  • STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer") has today entered into an agreement to acquire the remaining 40 percent of the shares in Coffee Stain North AB ("CSN"), from the nine original founders.
  • The acquisition makes CSN a wholly owned subsidiary of Coffee Stain Holding AB ("Coffee Stain").
  • We've worked with CSN since 2013 and their team is a great addition to the Coffee Stain group.
  • With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its six operative groups: THQ Nordic GmbH, Koch Media GmbH/Deep Silver, Coffee Stain AB, Amplifier Game Invest, Saber Interactive and DECA Games.

Embracer Group acquires Silent Games

Retrieved on: 
Wednesday, November 18, 2020
Karlstad, Embracer Group, Companies, Video game publishers, Video game companies, Economy of Sweden

STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Amplifier Game Invest AB ("Amplifier"), has today entered into an agreement to acquire 100 percent of Silent Games Ltd. ("Silent Games").

Key Points: 
  • STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Amplifier Game Invest AB ("Amplifier"), has today entered into an agreement to acquire 100 percent of Silent Games Ltd. ("Silent Games").
  • Silent Games, founded in 2018, is a game development studio seated in Newcastle upon Tyne, one of northern England's foremost hubs for games and creative industries.
  • Our long-term partnership will allow for significant growth in Silent Games, and enable us to create a studio that is focused on securing and developing talent in the region for many years to come" says Sally Blake, CEO & Co-founder, Silent Games.
  • Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market.

Embracer Group acquires Quantic Lab SRL

Retrieved on: 
Wednesday, November 18, 2020
British musicians, Musicians, Embracer Group, Karlstad, Video game publishers, THQ Nordic, Quantic, Will Holland, STO

STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer") has today entered into an agreement to acquire 95 percent of the shares in Quantic Lab SRL [1] ("Quantic Lab").

Key Points: 
  • STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer") has today entered into an agreement to acquire 95 percent of the shares in Quantic Lab SRL [1] ("Quantic Lab").
  • It will be business as usual in Romania, as Embracer will continue to support Stefan in his venture to take Quantic Lab to the next level, while continuing to support its internal and external partners"says Lars Wingefors, Founder and Group CEO of Embracer Group.
  • Embracer Group AB acquires 95 percent of Quantic Lab SRL from NGG [1] for a purchase price of MEUR 4.75.
  • Embracer acquires 100 percent of Nordic Games Stockholm AB, which holds 95 percent of Quantic Lab.

Embracer Group acquires Quantic Lab SRL

Retrieved on: 
Wednesday, November 18, 2020
British musicians, Musicians, Embracer Group, Karlstad, Video game publishers, THQ Nordic, Quantic, Will Holland, STO

STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer") has today entered into an agreement to acquire 95 percent of the shares in Quantic Lab SRL [1] ("Quantic Lab").

Key Points: 
  • STOCKHOLM, Nov. 18, 2020 /PRNewswire/ -- Embracer Group AB ("Embracer") has today entered into an agreement to acquire 95 percent of the shares in Quantic Lab SRL [1] ("Quantic Lab").
  • It will be business as usual in Romania, as Embracer will continue to support Stefan in his venture to take Quantic Lab to the next level, while continuing to support its internal and external partners"says Lars Wingefors, Founder and Group CEO of Embracer Group.
  • Embracer Group AB acquires 95 percent of Quantic Lab SRL from NGG [1] for a purchase price of MEUR 4.75.
  • Embracer acquires 100 percent of Nordic Games Stockholm AB, which holds 95 percent of Quantic Lab.