9 October 2020
Gernandt & Danielsson advises in relation to private placement of new and existing shares in Embracer Group
Gernandt & Danielsson advises Carnegie Investment Bank AB (publ), Goldman Sachs International and Joh. Berenberg, Gossler & Co. KG in connection with a private placement of shares in Embracer Group AB (”Embracer Group”) which consists of a directed new issue in an amount SEK 5,782 million and a sale by Embracer Group’s original co-founders of existing shares in an amount of SEK 1,471 million. The shares were subscribed and acquired by Swedish and international institutional investors.
Embracer Group, which is listed on Nasdaq First North Growth Market, is the parent company of businesses developing and publishing PC and console games for the global games market with a catalogue of over 190 owned franchises.
Embracer Group’s head office is located in Karlstad and the group has 44 internal game development studios and engages more than 4,000 employees and contracted employees in more than 40 countries.
Gernandt & Danielsson's team consists of Partners Mikael Borg and Gustav Skogö Nyvang, Senior Associate Oscar Anderson and Associate Andreas Lexhag.