Embracer has acquired 100% of the shares in 4A Games

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Swedish Embracer, through its wholly-owned subsidiary Saber Interactive, has entered into an agreement to acquire 100 percent of the Ukrainian Malta-based game developing studio 4A Games. 4A Games is a top-tier independent AAA PC and Console developer behind the successful Metro franchise and a long-term development partner to the Embracer owned publisher Deep Silver.

Through the acquisition, Saber Interactive onboards a reputable team of 150+ people across two studios in Malta and Ukraine as well as best-in-class internally developed and owned First-Person-Shooter (“FPS”) technology to the Group.

The upfront purchase price amounts to approximately USD 36m on a cash and debt-free basis and is paid in cash and in newly issued B shares, plus an earn-out consideration, subject to fulfillment of agreed milestones, of a maximum USD 35m.

4A Games expects net sales of approximately EUR 20m for the period Jan-Dec 2020, with an operational EBIT of approximately EUR 12m.

The Embracer Group has a global footprint through 43 internal game development studios with more than 4,000 employees and con
tracted employers in more than 40 countries.

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