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Kindred Group plc, Webcast pressconference, 2021

By Inderes
Kindred Group

Language: en
Activity: Webcast press conference

Kindred acquires Relax Gaming to strengthen its focus on product differentiation and customer experience and thereby invites to a webcasted teleconference on July 2 at 10.00 CEST.

Kindred Group has signed an agreement to acquire the remaining outstanding shares in Relax Gaming, a leading and rapidly growing B2B iGaming supplier, at an implied valuation of up to EUR 320 million for 100 per cent of the shares on a cash free and debt free basis. Kindred has been invested in Relax Gaming since 2013 and the transaction will allow Kindred to acquire the remaining 66.6 per cent of the outstanding shares. The acquisition accelerates Kindred’s strategy to increase its focus on product and customer experience by strengthening Kindred’s product control and product differentiation capabilities.

Please find more info here.

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