Remember that the Embracer group announced last month its future separation into three autonomous entities listed on the stock exchange separately. A board game specialist, Asmodee will regain its independence (by inheriting Embracer's debt in the process, it's a gift) while the video game activity will be shared between two companies provisionally named Middle-earth Enterprises & Friends (for larger productions) and Coffee Stain & Friends (for more modest productions, mobile games and free-to-play). " Each standalone entity will ultimately be able to fully utilize its own balance sheet, financial objectives, optimal financing structure and capital allocation strategy to achieve its growth ambitions. ", we are told. The details of this future division are still available in this article.