Coffee Stain Group completed the spin-off of its Embracer Group SEK5.5bn deal.

Coffee Stain Group, a Swedish video game developer and publisher completed the spin-off of its Embracer Group, a company of creative businesses in PC, console, mobile games, and entertainment media, in a SEK5.5bn deal. “Coffee Stain Group has incredible talent, IPs and communities. To date, it has been a true recipe for success. I am confident in Anton's strategy and leadership and see a clear long-term opportunity in attracting and enabling partnerships with like-minded independent game developers and talents," Lars Wingefors, Embracer co-founder and CEO.