Embracer Group has raised $164 million to purchase new assets. More than 100 investors have become shareholders of the parent company THQ Nordic. Thus, in total, $389 million has been invested in it since February last year.
Embracer Group is known for massive asset purchases. In the last four years alone, it has made 18 acquisitions. The last of them was Saber Interactive, partially based in Russia. It cost the publisher $150 million (plus she will be paid $375 million in three years).
Until recently, Embracer Group was called THQ Nordic AB. It includes the groups THQ Nordic, Coffee Stain and Koch Media (Deep Silver) in addition to the new group Saber Interactive.
Also on the topic:
- THQ Nordic Owners Buy World War Z Authors for $150 MillionRiver End Games studio has opened in Sweden.
- It is linked to THQ Nordic through its parent holding Is there any news?
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