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Nektan sells loss-making UK B2C business to Active Win Group

8th January 2020 8:41 am GMT

London-listed gaming supplier Nektan has completed the sale of its UK-facing B2C business to Active Win Group for a total cash consideration of £200,000.

The UK B2C business is part of the company’s main trading subsidiary Nektan (Gibraltar) Limited (NGL), which was placed into administration on Tuesday as part of a restructuring plan to benefit all shareholders and creditors.

The administrators have agreed to sell the business to Grace Media, part of the Active Win Group digital marketing business, [...]

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