Asmodee exploring sale (Report)

Sources have claimed that the board game firm could be exploring sale options valued at €1.5bn.
Author:
Publish date:
Social count:
4
asmod

Anonymous sources at Guyancourt, owned by private equity firm Eurazeo SE, have revealed that Asmodee is exploring a sale that could value the board game distributor at €1.5 bn ($1.7bn).

Guyancourt has hired investment bankers to run a sale process, said the sources, who asked not to be identified because the deliberations are confidential.

Asmodee, which acquired Pokemon Cards distributor Esdevium last year, generates about €100 million in 12-month earnings before interest, taxes, depreciation and amortization, according to one of the sources.

Reuters reports that spokesman for Eurazeo declined to comment. Asmodee UK's Ben Hogg told ToyNews that the company has nothing to add at this time.

The best-known titles the company publishes or distributes include Catan, Ticket to Ride, Splendor, and the Star Wars: X-Wing board games. Since Eurazeo took over Asmodee in 2013 in a €143 million deal, Asmodee has been aggressively expanding beyond Europe and into the United States.

Related

Featured Jobs

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.

Melissa and Doug Job Logo 620 x 349

Operations Planner

Imagine working for a company with a mission you can truly believe in, a playful and energetic culture, a talented team and a bright future! Melissa & Doug, the toy company committed to nurturing childhood wonder, is looking for an Operations Planner to coordinate the demand planning and supply between European markets and the US.

Gameplan Job Logo 620 x 349

Head of Product Development & Marketing

Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.

HIT Entertainment Job Logo 620 x 349

Licensing Systems Administrator

The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.