Thunderful Group is divesting one of its distribution businesses, Nordic Game Supply, selling the company to a firm run by its current acting CEO.
The games publisher announced as part of its financial results in February that it was implementing a “strategic evaluation” of Nordic Game Supply, whose struggles with profitability since 2022 were a major contributor to Thunderful’s losses of $59.2 million (compared to a profit of $11.8 million in the same quarter a year prior).
That evaluation has resulted in the sale to Handelsselskabet, a company owned by Nordic Game Supply’s acting CEO Henrik Mathiasen. Mathiasen is also currently CEO of Bergsala, another Thunderful-owned distributor that exclusively handles Nintendo’s products in the Nordic and Baltic regions.
