THQ Nordic acquires leading Australian publishing partner, 18POINT2
THQ Nordic AB’s wholly owned subsidiary Koch Media GmbH has entered into an agreement to acquire 18POINT2 Pty Ltd. 18POINT2 is one of Australia’s leading publishing partners of games products and through the acquisition THQ Nordic establishes a strong platform on the Australian market. The purchase price for the Company equals ca 1.9[1] MEUR on a cash and debt free basis plus additional earn-out consideration of maximum 0.41 MEUR subject to fulfilment of agreed commercial milestones. During 2018, 18POINT2 had Net Revenues of ca 15.61 MEUR and an EBIT