NOVOMATIC Finalizes Sale of ADMIRAL Austria to Tipico Strengthens Focus on Global Growth
Tuesday 09 de September 2025 / 12:00
⏱ 1 min read
(Gumpoldskirchen). – NOVOMATIC, Europe’s leading gaming technology group, has officially completed the sale of ADMIRAL Austria to Tipico.
The deal highlights NOVOMATIC’s commitment to accelerating its global expansion and represents a key milestone in the company’s international growth strategyUnder Tipico’s ownership, ADMIRAL Austria will continue to operate as a strategic technology partner, relying on NOVOMATIC’s cutting-edge solutions to drive future innovation.
Stefan Krenn, Executive Board Member of NOVOMATIC AG, emphasized: “The completion of this transaction marks an important step in our global expansion strategy with a clear focus on international growth markets. ADMIRAL has developed into an established market leader over the past decades, and we thank all ADMIRAL employees for their great commitment. We are pleased to have found a strong and reliable technology partner in Tipico, who will successfully continue the company’s operations in Austria.”
Axel Hefer, CEO of the Tipico Group, stated: “We are delighted about the successful completion of this transaction. ADMIRAL is a leading Austrian company with a strong legacy, and clear potential for future growth. Both companies are synonymous with state-of-the-art technology, innovative products and a high focus to player protection. Our future collaboration is very good news for our customers.”
The closing of the transaction followed the receipt of all required regulatory approvals.
Categoría:Others
Tags: NOVOMATIC,
País: Austria
Región: EMEA
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