Nacon is preparing for the largest purchase in the company’s history. The publisher has agreed to take over Daedalic Entertainment, which is currently working on a stealth action game The Lord of the Rings: Gollum. The maximum value of the transaction is €53 million.
The Lord of the Rings: Gollum
According to its terms, Nacon will pay €32 million in cash immediately, and the rest — until 2026.
The amount of the additional payment will depend on the results of Daedalic Entertainment.
Carsten Fichtelmann, founder and CEO of Daedalic Entertainment, and Stephan Harms, COO of the company, will retain their positions.
According to Nacon, the purchase of Daedalic Entertainment will allow it to strengthen its position in the market as a leading indie publisher and increase the development team. In turn, Daedalic Entertainment will receive additional support for future projects.
The deal is expected to close during 2022.
The companies cooperated even before the deal was announced. In particular, they are working together on the upcoming Lord of the Rings: Gollum.
“Our current collaboration on Gollum has shown that Nacon and Daedalic share the same values and the same goals — we want to provide gamers with a unique experience. Therefore, it seemed logical to go further together. We are very pleased with this purchase. This is a significant step in the Nacon strategy,” said Alain Falc, Chairman and CEO of Nacon.
Daedalic Entertainment was founded in 2007 in Hamburg. The company has published and developed over 90 games. Among other things, she has released such game series as Deponia, Shadow Tactics and Blackguards.