Asmodee Aim For ADC BlackFire Entertainment Acquisition
October 25, 2018 by cassn
Asmodee has announced they are currently in talks to acquisition ADC Blackfire Entertainment. Blackfire is an established games distribution business, catering primarily towards eastern Europe. The company currently has three hubs, spread out across Germany, Romania, and the Czech Republic. In a statement issued earlier this week, the CEO of Blackfire Czech Republic said:
We have been successfully building Blackfire for almost 20 years and a good part of this path has been with Asmodee as a great partner. We are now happy to announce the next step in our relationship, a merger which I have no doubt saying will create an awesome synergy of experience, brands and products. Our ultimate goal and vision to deliver the best entertainment to kids, families and fans of games is going to be much easier to fulfill. We are looking forward to write the next great chapter of our story.
Asmodee has become a behemoth of the games industry. In the last four years, it's turnover has increased from €125 million to €442 million, and this growth in sales has reflected both what the company is bringing to the consumer, and the financial benefits of strong investment in the current board gaming industry.
Asmodee continues to establish a strong foothold in the European market. Indeed, the announcement comes as Essen Spiel gets underway, and thousands of fans descend upon the European gaming convention. Asmodee will no doubt be making a strong appearance at the show this year, with the hope of cultivating new European opportunities to expand ADC Blackfire Entertainment in the future.
What is your favourite Asmodee game at Essen this year? Tell us below!
"The announcement comes as Essen Spiel gets underway, and thousands of fans descend upon the European gaming convention."
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Based on previous experience with Fantasy Flight Games and Z-man Games, Asmodee taking over a company is a signal to me that that company will start changing in ways i dislike.
They just keep growing and growing.