Updated Mar 17, 2026 by PCF Group
PCF Group S.A. acquired a controlling stake in Incuvo S.A., securing between 50% plus one share and 53% of the company's total shares.
The acquisition marks a strategic expansion for PCF Group S.A. into the virtual reality (VR) gaming and VR porting sector.
At least 49.01% of the acquired shares were purchased from the Estonian-based shareholder OÜ Blite Fund.
The formal investment agreement was finalized on December 13, 2021, following an initial non-binding term sheet signed on October 28, 2021.
Negotiations were conducted under an exclusivity period that lasted from October 28, 2021, until December 8, 2021.
PCF Group S.A. delayed public disclosure of the transaction until December 2021 to prevent third-party interference and protect the integrity of the negotiation process.
PCF Group S.A. acquired a controlling stake in Incuvo S.A., securing between 50% plus one share and 53% of the company's total shares.
The acquisition marks a strategic expansion for PCF Group S.A. into the virtual reality (VR) gaming and VR porting sector.
At least 49.01% of the acquired shares were purchased from the Estonian-based shareholder OÜ Blite Fund.
The formal investment agreement was finalized on December 13, 2021, following an initial non-binding term sheet signed on October 28, 2021.
Negotiations were conducted under an exclusivity period that lasted from October 28, 2021, until December 8, 2021.
PCF Group S.A. delayed public disclosure of the transaction until December 2021 to prevent third-party interference and protect the integrity of the negotiation process.