Klemens Kundratitz will remain in his position as CEO of Koch Media Group, a fully owned subsidiary to THQ Nordic AB (publ). The shares that have now been sold are part of the payment to Franz Koch and Klemens Kundratitz for the acquisition of Koch Media Group by THQ Nordic AB (publ). After the transaction, Koch Media Holding GmbH owns 375,976 shares in THQ Nordic AB (publ).
The buyers of the shares are five institutional investors that have expressed a long-term commitment in the holding. The transaction was performed on June 3, 2019.
For additional information, please contact:
Lars Wingefors, Group CEO, Phone: +46 708 471 978, E-mail: lwingefors@thqnordic.com
Embracer Group is a global group of creative and entrepreneurial businesses in PC/console, mobile and board games and other related media. The Group has an extensive catalog of over 900 owned or controlled franchises.
With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its eleven operative groups: THQ Nordic, PLAION, Coffee Stain, Amplifier Game Invest, DECA Games, Gearbox Entertainment, Easybrain, Asmodee Group, Dark Horse Media, Freemode and Crystal Dynamics – Eidos. The Group has 111 internal game development studios and is engaging more than 12,000 employees in more than 40 countries.
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