Thunderful Group has made two smaller add-on acquisitions

Thunderful Group (“Thunderful”) has acquired the German games developer Studio Fizbin GmbH through a subsidiary, and has recently made an asset deal from distribution group TecTeam Scandinavia Holding AB through a subsidiary in the Distribution segment.Thunderful’s subsidiary Headup GmbH (“Headup”) has made a small add-on acquisition of the German game development studio, Studio Fizbin GmbH (“Studio Fizbin”). Headup is part of Thunderful’s publishing operation, which even before the acquisition acted as the publisher for Studio Fizbin’s next game, with the initial release expected in 2024.