Embracer Group has recently announced that after a decision from The Board of Directors, the company will be officially splitting into three separate companies: Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.
The three companies will be “separate, publicly listed companies”, each with their own individual focus:
The first company, Asmodee, will be listed as a global leading tabletop games publisher and distributor with an extensive studio network and IP catalogue. The second company, Coffee Stain & Friends, will be listed as a diverse gaming entity with a dual focus on indie and A/AA premium and free-to-play games for PC/console and mobile.
And finally, the third company, Middle-earth Enterprises & Friends, will be listed as a creative powerhouse in AAA game development and publishing for PC and console, as well as the stewards of The Lord of the Rings and Tomb Raider IPs, among many others.
It is unknown how exactly this will affect their operations going forward, but according to the CEO, this decision will “unleash the full potential of each team and provide them with their own leadership and strategic direction”.