It's the market day to hire, who came back from his morning walk with eight companies more in his basket. The Wingefors Lars Collection now includes 77 studios making more than 8,000 employees work in 40 countries around the world.
The picking begins with a nostalgic little pleasure named 3D Realms , Label responsible for history revived in 2014 by a Danish society. Old Glory of the 90s, 3D Realms is today a small structure of 7 employees who publishes games like Ion Fury. The label has six games in production and works with the Danish studio SLIPGATE IRONWORKS that is also part of the acquisitions. With 100 people, Slipgate Ironworks worked on Ghostrunner and currently takes care of an AA portage for THQ Nordic in addition to Gragen. 3D Realms and Slipgate Ironworks join the Interactive Saber subsidiary.
It is not often that a French fish is in the nets to hire, but DIGIXART has agreed to join the Swedish group. Founded in 2015 by Yoan and Anne-Laure Fanise, the studio Montpelliérain known for Lost in Harmony and 11-11 Memories Retold today accounts for more than 20 employees and will release the road trip narrative road 96. The studio joins the affiliate Koch Media.
Embraces has also strengthened in the field of virtual reality with the acquisition of Force Field, Dutch Studio of 65 people who have developed the Landfall games, Time Stall and Coaster Combat for Oculus Quest. The studio will do subsidiary for Vertigo Games, another big VR studio previously bought by hugging and itself placed at Koch Media.
They were embracing
Coffee Stain is one of the winners of this new fishing. Accustomed to the success (Deep Rock Galactic, Satisfactory, Valheim), the subsidiary inherits Easy Trigger , the small Swedish studio of 5 people who made its debut with another game published by Coffee Stain, Huntdown. But the most beautiful deal for Coffee Stain is Ghost Ship Games , the Danish team of 26 employees behind the critical and commercial success of Deep Rock Galactic, a license that is added to the catalog by the same occasion.
Wishing to make your mobile activity magnifier, like many other middle giants, finally announces the acquisition of CrazyLabs , publisher and Israeli developer known for the super stylist mobile game (60 million downloads). With 4.5 billion downloads since its beginnings and 110 million monthly users throughout its catalog (mainly casual), CrazyLabs is the most costly acquisition of the lot and also the one that needs to report the most money . Crazylabs will be placed under the subsidiary Deca Games.
Finally and even if it does not have much to do with the video game, jamming announced the purchase of Grusfrost, an online business specialized in Viking products that will integrate the group Partner Publishing and Film of the group.
A minimum amount of 265 million euros
The amount of each acquisition has not been communicated separately, but the minimum cost of these 8 integrations will be 265 million euros, knowing that the invoice can be extended up to 196 million euros extra if the operating profit cumulative Eight companies exceed the target set by March 2026, at least 98 million euros. In all cases, embroaching considers that these acquisitions will contribute to turnover up to at least 200 million euros and the operating profit for at least € 34 million for the fiscal year. March 2023.
"I am delighted to welcome more than 500 great talents in a wide range of well-established companies that will still diversify and strengthen the group around the world. Brick brick, we continue to improve our operational groups and therefore embraces in Its whole. We always have a strong balance sheet and considerable net cash for supporting other mergers and acquisitions in the future. We are pursuing many discussions with entrepreneurs, creators and companies who want to join the family , including important or transformative companies that would create new operational groups. I look forward to pursuing the growth of the group housing, both organically and internally, over the decades to come. ", commented on CEO Lars Wingefors.
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