The Astra Gaming Group, the UK subsidiary of Austrian Gaming Industries and part of the Novomatic Group, has acquired the majority of the Noble Organisation arcade business for an undisclosed sum.
Under the terms of the deal, Astra will take ownership of 81 adult gaming centres and one family entertainment centre, along with 48 Kwik Tan venues and 10 cafes, all of which are sited within the arcades themselves.
The geographical spread of the estate extends from Greenock in Scotland to Dawlish in Devon. It includes some of the premium locations in the north-east, north-west and south-east of the country, as well as the Midlands and at the coast. The business currently employs approximately 850 staff.
“We are delighted to announce the acquisition of the arcade business from Nobles,” Astra Gaming Group CEO Zane Mersich (pictured) said. “It will help secure an even brighter future for what are already widely acknowledged as some of the best AGC sites in the UK. It is our intention to build on the success of these venues and ensure that they continue to go from strength to strength.
“In buying these locations, the Astra Gaming Group is simply applying the core strategy of its parent Novomatic as a leading proponent of both manufacturing and operating. Integrating these key AGC sites within the group is entirely consistent with that philosophy of duality and allows us to innovate and deliver the best of breed games that our customers rightly expect.”
First reported by Coin-op Community.
