Announced

Completed

evoke completed the acquisition of a 51% stake in Winner.ro for €10m.

Synopsis

evoke, a betting and gaming company, completed the acquisition of a 51% stake in Winner.ro, an online betting and gaming operator, for €10m. "I am excited to announce the addition of Winner to the evoke portfolio. This acquisition is consistent with our strategy to build sustainable market-leading profitable positions in the most attractive markets. It is also consistent with our M&A strategy to focus on low-capital, high-impact combinations that accelerate the delivery of our strategy. We have enjoyed significant success in Romania, which is an exciting growth market. This combination will cement a leading position for evoke, and I am looking forward to working with the whole team at Winner to deliver ongoing profitable growth and market share gains, as we deliver exceptional products through two incredibly strong and complementary brands. I am delighted to announce the creation of our fifth Core Market and have no doubt that this transaction will deliver significant value creation on top of our previously announced plan," Per Widerström, evoke CEO.

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