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It's a Day Ending in 'Y' so You Know What that Means: Embracer Group Is Doing More Restructuring

  • On May 23, 2025, Embracer Group announced it will restructure by spinning off Coffee Stain Group into a separately listed company and renaming its remaining business Fellowship Entertainment.
  • This restructuring follows Embracer’s prior business partition into three units due to competitive pressures and a need for clearer operational focus.
  • Coffee Stain Group, led by CEO Anton Westbergh, will include around 250 developers and publishers based mainly in Scandinavia and own IPs like Deep Rock Galactic and Valheim.
  • Westbergh stated, "We’re really proud of everything we’ve built as part of Embracer," and sees this separation offering better control and focus in a competitive industry.
  • The spin-off is planned to be finalized before the close of 2025, with Fellowship Entertainment overseeing more than 40 companies and holding rights to major franchises such as The Lord of the Rings and Tomb Raider.
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Eurogamer.es broke the news in on Thursday, May 22, 2025.
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