ASMODEE TO SELL FOR €2.75 BILLION TO EMBRACER GROUP

Asmodee, the owner of Ticket to Ride, Pandemic and Catan is set to be sold for over €2 Billion, according to financial press releases and the odd tweet. Asmodee was previously sold to French investment firm PAI in 2018 for with a valuation of €1.2 Billion, in 2021 PAI began looking for a new buyer – and they’ve found one in the form of Embracer. A Swedish video games holding company, Embracer’s catalogue includes the likes of Saint’s Row, Borderlands, and Goat Simulator. If the transaction is completed, Asmodee would become the ninth operating group of Embracer.