Praesepe in new acquisitions
By Martin Nash
Gaming group Praesepe is set to complete its third acquisition in four months with the £6.3m (US$9.9m, 6.7m euro) purchase of nine Adult Gaming Centres (AGCs) and four Family Entertainment Centres (FECs) from Case Concepts.
All of the AGC sites will be re-branded under the Cashino marque. The FEC sites, which include Weston-Super-Mare and Burnham-on-Sea in Somerset and Ilfracombe in Devon, will continue to trade under their current brand names while they are assimilated into the group. The acquisition - which provides around 780 gaming machines - is due for completion on 19 October. This latest acquisition takes the number of Praesepe-owned sites to 54, expanding its geographical reach into south west England and representing the company's first involvement with the FEC sector.
Pic: Nick Harding, CEO of Praesepe
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Gaming group Praesepe is set to complete its third acquisition in four months with the £6.3m (US$9.9m, 6.7m euro) purchase of nine Adult Gaming Centres (AGCs) and four Family Entertainment Centres (FECs) from Case Concepts.
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131009 - Nick Harding Praesepe CEO.jpg
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