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Stillfront übernimmt Goodgame Studios

Die Stillfront Group, welche einst durch die Übernahme von Bytro Labs in Deutschland bekannt wurde, hat den Spiele-Entwickler Goodgame Studios übernommen. Goodgame Studios zählt zu den erfolgreichsten Spiele-Entwicklern in Deutschland.
Von Viktor Pulz am 07.12.2017
Bild-Quelle: Goodgame Studios
Stillfront Group AB has today entered into an agreement with the owners of Altigi GmbH to acquire 100 percent of the shares in Altigi GmbH ("Altigi" or "Goodgame Studios") for a consideration of EUR 270 million on a cash and debt free basis. Altigi owns one of the leading free-to-play online games developers, Goodgame Studios.

Following the Transaction and the placing (as described below), the owners of Altigi will hold approx. 36.5 percent of the outstanding shares and votes in Stillfront. With this transaction, the founders who are also the CEO and CSO, respectively, of Goodgame Studios, Dr. Kai and Dr. Christian Wawrzinek, will become the major shareholders in Stillfront through their holding company Laureus Capital GmbH.

In addition, Dr. Christian Wawrzinek is proposed to be elected as new member of the Stillfront Board of Directors, subject to completion of the Transaction. To finance the main part of the Transaction, Stillfront's Board of Directors has resolved to summon an Extraordinary General Meeting to resolve on an issue in kind of 16,868,623 shares, and resolved to conduct a tap issue of SEK 390 million under Stillfront's outstanding corporate bond loan. The Transaction is conditional upon, inter alia, approval by the Extraordinary General Meeting in Stillfront.

"Goodgame Studios and Stillfront are a perfect strategic fit, forming a true European gaming champion with compelling complementary game portfolios and operational synergies. We look forward to working together to further grow and develop the business", says Jörgen Larsson, CEO Stillfront

"The proposed transaction is an important step, and marks the acknowledgement of Stillfront's long-term strategy to build a diversified portfolio of independent creators, publishers and distributors of digital games", says Annette Brodin Rampe, chairman Stillfront

"This is a consequent step towards our long-term vision of creating one of the world's leading gaming companies. Stillfront has over the past years delivered continuous, predictable and reliable growth. Together we have a truly unique opportunity to take full advantage of this growing market", says Dr. Kai Wawrzinek, CEO Goodgame Studios

"I am very excited about the merger with Stillfront! Combining portfolios and leveraging our knowledge in marketing and distribution will be a great formula for success. I'm looking forward to a bright future together", says Dr. Christian Wawrzinek, CSO Goodgame Studios
Tags: Games, Goodgame Studios, Stillfront Group, BytroLabs
Quelle: Pressemitteilung
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