Stockholm-listed gaming operator Cherry has increased its majority stake in Malta-based Almor Holding, operator of German-facing online casino brands including Sunmaker.com and Kingplayer.com.
Cherry now holds an 82.5 per cent stake in the business, having originally acquired a 71 per cent stake in July 2015, which was increased to 75 per cent in October of that year.
“Almor has continued to perform above expectations and over time Cherry holds options to acquire the remaining shares in the [...]