Particle.news

Download on the App Store

Krafton to Acquire ADK Group for $517 Million in Largest Investment Yet

The Korean game developer secured board approval to leverage ADK’s animation expertise for global gaming IP synergies

Image
Image

Overview

  • On June 24, Krafton’s board approved buying BCJ-31, the Bain Capital Japan unit that controls ADK Holdings, for 75 billion yen ($516.8 million).
  • The deal eclipses Krafton’s prior record investment of $500 million for U.S. game studio Unknown Worlds Entertainment in 2021.
  • ADK Group, ranked among Japan’s top three integrated advertising agencies, has backed over 300 anime titles and processed about $2.4 billion in annual transactions.
  • Krafton plans to integrate ADK’s strengths in content planning, production and marketing to fuel expansion of its game-centric intellectual properties into animation.
  • The acquisition underscores Krafton’s long-term strategy to deepen its content and media presence in Japan and other key global markets.