The acquisition is in line with Evolution’s strategy of being the world’s number one provider of online casino games, supplying its customers with the best gaming content. Nolimit City titles include award-winning games such as Mental, San Quentin and East Coast/West Coast.
Nolimit City games stand out and offer players a unique, graphically rich playing experience. Nolimit City is a truly innovative, world-leading producer of online slots games that has created its own niche in the market through games with sometimes provocative themes and a humorous touch. Transaction highlights and strategic rationale With earn-outs of up to EUR 140 million the total consideration can amount to up to EUR 340 million, payable in cash. Evolution AB (publ)’s wholly owned subsidiary, Evolution Malta Holding Limited, (“Evolution”) has entered into an agreement to acquire the entire issued share capital of Nolimit City Holding Ltd (“Nolimit City”) for an upfront consideration of EUR 200 million (the “Transaction”).
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