Tag Embracer Group

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Acquisitions are back at Asmodee as board game giant eyes more than 20 buyout targets

Tabletop gaming giant Asmodee is preparing to "reignite" its strategy of buying up smaller board game publishers and distributors following its upcoming split from troubled owner Embracer Group.

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Asmodee’s earnings up despite ongoing sales downturn, as board game giant prepares to unshackle from struggling Embracer video games operation

Board game giant Asmodee has seen its year-on-year sales figures slide for the second quarter in a row - but profits continue to rise at the company as it nears a spin-off from its troubled parent business Embracer Group.

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Asmodee’s first new CEO in 12 years takes reins ahead of spin-off from Embracer Group

Board game giant Asmodee has named long-serving exec Thomas Koegler as its first new CEO in 12 years, as the company prepares to carve out its independence from corporate owner Embracer Group.

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Asmodee remains jewel in Embracer’s crown despite suffering quarterly sales drop

Board game giant Asmodee continues to outperform for troubled parent company Embracer Group, despite its latest quarterly sales falling compared to the same period last year.

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Asmodee writes down more than $620m of asset value despite posting strong annual sales

Tabletop gaming giant Asmodee has written down the value of its assets by more than $620m, with owner Embracer Group blaming macroeconomic headwinds, rising interest rates and "prudent future expectations".

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Asmodee’s owner loads it up with €900m debt amid plan to spin off board game giant, CEO Carville to be replaced

Asmodee's troubled corporate owner Embracer Group has revealed plans to spin off the tabletop gaming giant, which will see the business take on the vast majority of its parent company's hefty debt pile.

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Embracer Group commits to Asmodee’s future as restructuring program ends

The CEO of Asmodee’s troubled corporate owner Embracer Group has praised the tabletop giant as "one of the absolute most important businesses we have", as the parent company prepares to end a severe restructuring process which has seen it lay off about 1,400 people.

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Asmodee continues whittling down Plan B Games, shifts trio of award-winning games to Lookout Spiele

Tabletop gaming giant Asmodee has moved Camel Up, Village and the entire Great Western Trail series to subsidiary Lookout Spiele, continuing a slow exodus of titles from Plan B Games.

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Asmodee shines while owner Embracer Group continues large-scale cost-cutting

Tabletop gaming giant Asmodee's corporate owner Embracer Group is planning more big divestments, amid its ongoing struggle to pay down huge debt taken on to fund a string of acquisitions in recent years.

A kitten on an exploding earth illustrating the Exploding Kittens card game

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Troubled Embracer Group using Asmodee IPs for more than 20 video game projects

Tomb Raider and Borderlands developer Embracer Group is planning a slew of video games based on Asmodee's board game range, as the company tries to leverage its intellectual property amid plans to slash its $1.45bn of debt.

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