The Board of Directors of Embracer Group announces the separation of the Group into three distinct games and entertainment companies: Asmodee Group, Coffee Stain & Friends (WT) and Middle-earth Enterprises & Friends (WT). The three entities will become separate, publicly traded companies in order to better focus on their respective core strategies. The transformation plan has been endorsed by shareholders representing more than 50 per cent of Embracer Group's capital and votes.
The Board of Directors of Embracer Group announces the separation of the Group into three distinct games and entertainment companies: Asmodee Group, Coffee Stain & Friends (WT) and Middle-earth Enterprises & Friends (WT). The three entities will become separate, publicly traded companies in order to better focus on their respective core strategies. The transformation plan has been endorsed by shareholders representing more than 50 per cent of Embracer Group's capital and votes.