Investor News
Trophy Games Development A/S acquires assets from the bankrupt Finnish game developer Bon Games, strengthening its position in the Transport Game genre. Bon Games' "Transit King Tycoon" has achieved a remarkable milestone of over 5 million downloads on the Android platform, and is currently generating a monthly revenue of
The game is a casual transportation game where you control trucks and ships to bring cargo back and forth in made-up cities, which is attracting a more casual and much broader audience and will complement our more mid-core games like Airline, Shipping and Train Manager.
This strategic acquisition aligns with Trophy Games' goals that we communicated as part of our Investor Day presentation back in May. More specifically, Transit King Tycoon will be leveraged as a valuable top-of-the-funnel cross-promotion tool for our transport series and our experts will also continue to explore opportunities to enhance its performance and strengthen the game's long-tail revenue potential.
The investment in this acquisition stands at
This strategic move resembles our previous successful acquisition of
Through these strategic acquisitions and focused game development, Trophy Games is steadily establishing itself as a prominent player in the transport gaming sector, strengthening its market position and driving sustainable growth.
This announcement does not impact our guidance for 2023.
Contact Information
TROPHY GAMES Development A/S
Søren Gleie, CEO
Office (+45) 7172 7573
Email: soren@trophy-games.com
Mikkel Bryggers Gade 4, 2. sal, 1460 Copenhagen K,
About Trophy Games
Trophy Games is an innovative,
Web page: https://trophy-games.com
https://news.cision.com/trophy-games/r/trophy-games-acquires-transit-king-tycoon,c3784798
https://mb.cision.com/Main/20400/3784798/2120888.pdf
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