Kindred Group Plc absorbs 32Red

The Swedish game company Kindred Group Plc, announced the completion of the transaction for the purchase of the British operator of gambling 32Red. The acquisition cost $227 million, Kindred Group Plc became the owner of 97% of 32Red.

According to executives Kindred Group Plc, the costs associated with the absorption, amounted to about 4.6 million pounds.

Until December 2016 Kindred Group Plc was called Unibet Group. The last financial report of Kindred Group Plc witnessed the growth of all key financial indicators, the company’s gross revenue in the first quarter increased by 25%.

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