Overview

• Embracer Group to divide into Asmodee, Coffee Stain & Friends, and Middle-earth Enterprises & Friends, each focusing on distinct market segments.
• CEO Lars Wingefors acknowledges responsibility for past errors amid significant restructuring, including layoffs and project cancellations.
• The split is intended to enhance shareholder value and provide each entity with strategic autonomy.
• Middle-earth Enterprises & Friends will focus on AAA titles like The Lord of the Rings and Tomb Raider, while Asmodee will concentrate on tabletop games.
• The restructuring follows failed investments and aims to reduce financial leverage and improve market performance.