THQ Nordic are continuing their rise from the ashes and have acquired Kingdom Come: Deliverance developer Warhorse Studios through its subsidiary Koch Media, the company announced. All intellectual property rights for Kingdom Come: Deliverance are included in the acquisition.
The purchase price amounted to 42.8 million euros ($48.51 million USD), corresponding to 33.2 million euro ($37.63 million USD) on a cash and debt-free basis.
According to THQ Nordic, Warhorse Studios will continue to operate as an independent studio under Koch Media, with everyone maintaining their existing roles.
Lars Wingefors, the CEO of THQ Nordic had this to say about the purchase
“Warhorse Studios is one of the leading independent studios in Europe and I am proud to welcome them to the THQ Nordic group. Kingdom Come: Deliverance, which has now sold over two million copies, has been a great success since the release exactly one year ago. I look forward to continue working with the founders who will continue managing the studio under strong creative freedom for many years to come.”