La notizia circolava nell’aria già da un po’, ma è stata ora ufficializzata da Corsair che, con un comunicato, ha annunciato l’ingresso nella fase di trattative riservate (quella che prelude alla finalizzazione) per l’acquisizione di Fanatec, il marchio leader nel settore di dispositivi Sim Racing.
Corsair procederà all’acquisizione di Endor AG, azienda specializzata in sim racing e proprietaria del marchio Fanatec. CORSAIR ha raggiunto un accordo con Endor per finanziare il suo fabbisogno di liquidità a breve termine mentre entrambe le società negoziano una ristrutturazione del debito di Endor, pari a circa 70 milioni di euro, che porterà infine all’acquisizione di Endor da parte di CORSAIR.
“Fanatec è un marchio incredibile con una forte comunità e crediamo che CORSAIR sia la casa ideale per i fedeli clienti, dipendenti e partner commerciali di Fanatec”, ha dichiarato Andy Paul, CEO di Corsair. “Questa transazione risolverebbe il significativo carico di debiti dell’azienda e la posizionerebbe per la crescita e la continua espansione del portafoglio prodotti”.
A questo sentimento fa eco Endor. “Siamo molto soddisfatti di aver trovato in Corsair un investitore strategico che conosce bene il nostro mercato e vuole investire a lungo termine”, ha dichiarato Andres Ruff, CEO e Chief Restructuring Officer di Endor.
Questa acquisizione rafforza l’investimento che CORSAIR ha fatto nel settore della simulazione e significa che è in una posizione unica per fornire soluzioni di sim racing senza pari.
Per ulteriori informazioni, vi rimandiamo al comunicato stampa qui sotto (in inglese).
CORSAIR Pursuing an Acquisition of Fanatec, the Leading Brand for Sim Racing Hardware
MILPITAS, California – May 8th, 2024 – CORSAIR® (Nasdaq: CRSR) announced today that it has entered exclusive negotiations to acquire sim racing specialist Endor AG, owners of the world famous Fanatec brand. CORSAIR has reached an agreement with Endor to fund its short-term cash needs while both companies negotiate a restructuring of Endor’s approximately €70 million of debt, which will ultimately result in CORSAIR acquiring Endor.
“Fanatec is an incredible brand with a strong community, and we believe CORSAIR is the ideal home for Fanatec’s loyal customers, employees and business partners,” said Corsair CEO, Andy Paul. “This transaction would solve the company’s significant debt load and position the company for growth and continued product portfolio expansion.”
This sentiment is echoed by Endor. “We are very pleased to have found a strategic investor in Corsair who knows our market well and wants to invest for the long term,” said Andres Ruff, CEO and Chief Restructuring Officer of Endor.
Endor is a leading manufacturer of dedicated sim racing hardware, including force feedback steering wheels, pedals, and complete cockpits for PlayStation, Xbox, and PC-based racing simulators. This acquisition bolsters the investment CORSAIR has made in the simulation space, and means it is uniquely positioned going forward to provide peerless sim racing solutions.
About CORSAIR
CORSAIR (Nasdaq: CRSR) is a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts. From award-winning PC components and peripherals to premium streaming equipment and smart ambient lighting, Corsair delivers a full ecosystem of products that work together to enable everyone, from casual gamers to committed professionals, to perform at their very best.
Copyright © 2024 Corsair Gaming, Inc. All rights reserved. CORSAIR and the sails logo are registered trademarks of CORSAIR in the United States and/or other countries. All other company and/or product names may be trade names, trademarks, and/or registered trademarks of the respective owners with which they are associated.
About Endor AG
Endor AG develops and markets high-quality input devices such as high-end steering wheels and pedals for racing simulations on game consoles and PCs. As a “brain factory”, the company’s focus is on the creative sector. Endor carries out product development and prototype construction under its own direction and together with specialized technology partners, primarily in Germany. Endor sells its products under the FANATEC brand via e-commerce primarily to end customers in Europe, the USA, Canada, Australia and Japan.
