THQ Nordic AB (publ) has through its wholly owned subsidiary SALEM einhundertste Holding GmbH (Austria) acquired 100 percent of the share capital in Koch Media GmbH, including the games publisher Deep Silver with the AAA-intellectual property rights such as Saints Row, Dead Island and exclusive licence for Metro.
Koch Media is a leading, independent producer and marketer of digital entertainment products in Europe and North America with studios in Germany, the UK and the US and offices in several Central and Northern European cities.
The total consideration amounts to EUR 121 million on a cash and debt free basis and is payable partly in cash, partly in newly issued B shares in THQ Nordic.
THQ Nordic acquires, develops and publishes PC and console games. The company has a wide catalogue of 295 games, including 86 owned franchises. THQ Nordic has a clear growth strategy and a long and successful history of acquiring game franchises and development studios.
THQ Nordic shares are publicly listed on Nasdaq First North Stockholm.
Baker McKenzie’s team consisted mainly of Joakim Falkner, Anna Orlander and Ian Gulam from the firm’s Stockholm office as well as Wendelin Ettmayer and Stefan Arnold from the firm's Vienna office, with assistance of offices in other relevant jurisdictions.