- 01
PCF Group S.A. acquired a 50.01% majority stake in Incuvo S.A. on 13 December 2021 for a base price of PLN 19,995,776.
- 02
The deal includes an earn-out provision of up to PLN 11,595,725, contingent on the profitability and Metacritic performance of the VR title 'Green Hell VR'.
- 03
Incuvo S.A. specializes in virtual-reality game development and the porting of third-party titles to VR platforms.
- 04
Key shareholders Andrzej Wychowń and Radomir Kucharski are bound by non-competition agreements and mandatory board participation until 31 December 2024.
- 05
The acquisition is part of PCF Group’s strategic expansion to bolster its production capabilities within the emerging VR gaming sector.
- 06
The agreement includes standard liability protections and a 12-month non-competition restriction for the acquired entity post-closing.