Gaming conglomerate Embracer Group announced on Monday it is planning to split into three companies: Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.
Middle-earth Enterprises & Friends will be the company that will own Dark Horse Media and PLAION.
Embracer Group will also form a new ownership structure with the change.
Embracer Group AB, formerly known as THQ Nordic AB, is a parent company of over 100 development studios dealing in console, mobile, PC, and board games.