Gaming technology supplier NOVOMATIC has announced that it is acquiring Ainsworth, buying out the remaining stake in the company for some AU$336 million ($216 million).
The move is seen as a bolster to the group’s Australian operations, as the group previously held some 52.9 percent of Ainsworth’s shares – purchased in 2016 from founder Len Ainsworth.
Speaking of the move, Stefan Krenn, Member of the Executive Board of NOVOMATIC AG Group, noted that “The acquisition of Ainsworth is consistent with our international growth strategy and the expansion of our presence across the Asia-Pacific and the US region. As a long-term shareholder, we are familiar with the business and believe that integrating Ainsworth into our operations is in the best interest of this strategy.”
The deal is still subject to shareholder approval, scheduled for August.
https://agbrief.com/news/australia/29/04/2025/novomatic-to-acquire-ainsworth-in-216m-deal/