Acquisition of B2C business in October 2014
The B2C business was acquired from the most successful B2B partner of Angler Gaming's subsidiary. The acquisition included the purchase of a gaming brand, a customer base, internet domain names and an organization of two persons. In acquiring the business Angler has managed to secure long term income from the business, as well as the full cash flow, which was formerly split between the parties. The acquired business, which today represents around 50% of the Angler Group's B2C revenues, equivalent to around 30% of Angler Group's total revenues, was thereby valued at around SEK 14.5 million kronor at the time of the agreement.
Michael Bennett - Director
Malta
Tuesday 6th October 2015.
or more information contact:
Michael Bennett
CEO - Angler Gaming PLC
michael.bennett@anglergaming.com