Modern Times Group has completed its Plarium acquisition of $ 620 million of its previous owner, Aristocrat Leisure Limited.
MTG and Plarium signed an agreement in November 2024, during which it announced that $ 20 million of the agreement would be differ to 2026.
Now that the agreement has closed, MTG will begin to incorporate into the Plarium and consolidate it completely in the group.
According to Pocket Gamer, the agreement could lead to “a gain of $ 30 million” based on Raid’s income: Shadow Legends in 2025 and “additional $ 170 million based on the income of 2028 of Plarium”.
“This transforming agreement will allow us to realize our ambitions to become a leading European game Group with one of the strongest perennial center IP portfolios in the world,” said MTG’s president and executive director, Maria Redin.
“Plarium’s acquisition is an important catalyst for our future growth. It gives us a unique opportunity to accelerate our strategic execution and delivery. This agreement brings together some of the best people in our industry, backed by technology, tools and knowledge .
The CEO of Plarium, Schraga Mor, added: “We are delighted to join MTG, a company that values Plarium’s proven success in the mid -nucleus and casual games sectors. During the last year, we have returned to growth, establishing new records and reinforcing our industry leadership – a reflection of the exceptional talent of our team.
“With a solid base in digital marketing and live operations, along with our history of construction of communities of compromised and faithful players, we are well positioned to continue this impulse.”
