Affiliate Industry

Glitnor Group and KaFe Rocks Group amicably call off the Acquisition

Published

2 years ago

November 29, 2022

Glitnor Group and KaFe Rocks Group amicably call off the Acquisition

Reading Time: < 1 minute

Glitnor Group and KaFe Rocks Group have mutually and amicably decided not to complete the transaction in regards to the acquisition between the two groups. After much deliberation, and given market conditions, Glitnor Group and KaFe Rocks Group have agreed that now is not the time to fully complete the acquisition.

As such, KaFe Rocks and the Time2play .com brand will continue to be managed by its founding members and leadership team on a day-to-day basis as they continue to focus on the growth and development of the business.

Glitnor Group, will remain as a significant shareholder in the companies and will continue to have a close, professional and friendly relationship with KaFe Rocks Group. Both parties would like to stress that the recent decision for KaFe Rocks and its CEO, Simon Pilkington, to part ways, has no relation to this news.

Related Topics:Glitnor Group Kafe Rocks Group

Up Next

ELA Games introduces new slot, “Spinanga”

Don't Miss

Turbo Games extends its partnership with Cbet increasing the number of players

George Miller

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.