PlayWay S.A. acquired a controlling 67.7% stake in Warsaw-based developer Circus Sp. z o.o. through a 500,000 PLN capital increase.
The remaining 32.3% of Circus Sp. z o.o. is held by six individual partners following the company's ownership restructuring.
Circus Sp. z o.o. is tasked with the development of the flagship title Cooking Simulator, which is slated for PC, PlayStation 4, and Xbox One releases.
The investment, disclosed in May 2018, is part of PlayWay’s strategy to incubate specialized development teams and expand its multi-platform production portfolio.
Beyond the initial Cooking Simulator project, Circus Sp. z o.o. is positioned to develop additional gaming titles as part of the PlayWay corporate group.
PlayWay S.A. has formalized an investment agreement and share acquisition to establish a controlling interest in the Warsaw-based developer Circus Sp. z o.o. This strategic move involves a capital increase within the subsidiary, where PlayWay, acting as the primary investor, committed a cash contribution of 500,000 PLN. The agreement was executed alongside six individual partners, resulting in a restructured ownership framework following the registration of the capital increase with the National Court Register.
Under the terms of the transaction, PlayWay S.A. holds a dominant 67.7% stake in the company’s share capital, while the remaining 32.3% is distributed among the six individual partners. This acquisition aligns with PlayWay’s broader business model of incubating and supporting specialized development teams to expand its production portfolio across multiple gaming platforms.
The primary operational objective for Circus Sp. z o.o. is the development of the title Cooking Simulator. The project is initially targeted for a PC release, with subsequent versions planned for the PlayStation 4 and Xbox One consoles. Beyond this flagship title, the entity is positioned to develop additional games in the future. This corporate action was disclosed in May 2018 in accordance with market abuse regulations regarding inside information, marking a specific expansion of PlayWay’s development capabilities within the Polish game industry.
