The Service of the Commission for the Protection of Competition has received a notification of a concentration, concerning the acquisition of the share capital of FM Games Holding Cyprus Ltd, from Miniclip SA, via Kolochi Holdings Limited.
Kolochi Holdings Ltd is a company duly registered under the laws of the Republic of Cyprus. Kolochi Holdings Ltd is a special purpose vehicle with no prior business activities, incorporated for the purpose of this transaction. It is a subsidiary of Miniclip Group SA and ultimately controlled by Tencent Holdings Limited.
Miniclip Group SA (together with its subsidiaries, the Miniclip Group) is a company duly registered under the laws of Switzerland. The Miniclip Group is an international digital games and entertainment group which is active in the development, publication and distribution of multiplayer games.
Tencent Holdings Limited is a company duly registered under the laws of the Cayman Islands. Tencent Holdings Limited (together with its subsidiaries, the Tencent Group) is a multinational technology and entertainment company, the largest company in the video game industry and invests in entertainment and technology companies. It has interests in the communications, information and entertainment sectors and is active in a wide range of online activities, including the provision of online and mobile value-added services, online advertising and cloud services and other related business services. Tencent Group is engaged in the operation of online games and mobile platforms, advertising, development and release of game software, and the operation of media platforms. Tencent Group also invests in portfolio companies in various sectors and countries.
The target of this transaction is FM Games Holding Cyprus Ltd, which is a company duly registered under the laws of the Republic of Cyprus. FM Games Holding Cyprus Ltd (together with its subsidiaries, the FM Games Group) focuses on classic card and board games, bringing them to the fast-growing mobile audience and manages a growing portfolio of more than 15 games across all major mobile platforms.