Asmodee divests Twin Sails Interactive to focus on core business
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Large Cap Stockholm |
| Sektor | Handel & varor |
| Industri | Detaljhandel |
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Asmodee Group AB (publ), a global leader in the tabletop games industry, has today signed an agreement to divest its video game publishing studio, Twin Sails Interactive, in line with Asmodee’s focus on its core business. Twin Sails Interactive will be acquired by its current management team, ensuring continuity and a seamless transition. The divestment will have no material impact on Asmodee’s financial performance.
Asmodee will continue to strategically expand its key brands into digital board games through its owned digital platform Board Game Arena and by licensing its major IPs to external video game publishers specializing in board game adaptations.
The divestment requires no regulatory approval and encompasses all 20 employees. In the fiscal year 23/24, Twin Sails Interactive represented approximately 0.5 percent of Asmodee’s net sales.