Baker McKenzie advised Embracer Group AB on the deal.
Embracer Group AB completed the acquisition of 100% of the shares in Vertigo Games Holding B.V. Vertigo Games from its various shareholders.
The purchase price is €50 million, of which €40 million was paid in cash and €10 million in shares in Embracer. An additional payment of a maximum amount of €65 million is subject to the achievement of various milestones.
Vertigo Games is a virtual reality game studio.
The Baker McKenzie team consisted of Florian Fehres (Picture), Denise Ozmis, Koen Bos, Rutger Smorenberg and Casper Henschen, Anna Orlander, Erik Holmgren and Ian Gulam.
Involved fees earner: Koen Bos – Baker McKenzie; Florian Fehres – Baker McKenzie; Ian Gulam – Baker McKenzie; Casper Henschen – Baker McKenzie; Erik Holmgren – Baker McKenzie; Anna Orlander – Baker McKenzie; Denise Ozmis – Baker McKenzie; Rutger Smorenberg – Baker McKenzie;
Law Firms: Baker McKenzie;
Clients: Embracer Group;