KKCG Sells 4.27% Stake in Allwyn to J&T ARCH Investments
KKCG Sells Stake in Allwyn
The Czech investment group KKCG has recently divested a 4.27% ownership interest in its lottery subsidiary, Allwyn International. This sale was made to J&T ARCH Investments, an investment fund listed on the Prague Stock Exchange.
J&T ARCH Joins as New Investor
KKCG completed the sale of the 4.27% share for approximately EUR 500 million. This transaction values Allwyn at around EUR 11.2 billion, highlighting the company’s significant position within KKCG’s entertainment portfolio. Allwyn, initially established as Sazka in 2011, has grown rapidly and notably secured the role of operator for the UK’s National Lottery. With a projected adjusted EBITDA of roughly EUR 1.5 billion in 2024, the company continues to demonstrate robust financial health.
The sale marks a key moment for Allwyn as it expands its group of investors, welcoming new partners invested in its future growth. For J&T ARCH, this investment represents a strategic opportunity to participate in the success of a major player in the lottery industry.
Strong Business Relations Highlighted
Karel Komárek, KKCG’s founder and Allwyn’s chairman, described the stake acquisition by J&T ARCH as a pivotal development. He emphasized that the deal reflects the confidence investors have in Allwyn’s strategic growth plan and KKCG’s long-term vision.
“I see many opportunities ahead for significant and sustainable value creation for Allwyn and I’m delighted that a wider range of investors can now join us on that journey.”
Karel Komárek, CEO, KKCG
Robert Chvátal, CEO of Allwyn, expressed his satisfaction, affirming the company’s reputation as a global entertainment leader. Patrik Tkáč, chair of the J&T ARCH Investments Committee, noted that this investment is the result of many years of business collaboration with Komárek and represents a promising venture for their investors.
“This is another great story of a leading Czech entrepreneur’s business, and the opportunity for our investors to participate in its future growth.”
Patrik Tkáč, chair of the J&T ARCH Investments Committee
Adam Tomis, also from the J&T ARCH Investment Committee, highlighted Allwyn’s broad geographic presence and ample growth prospects, making the acquisition an important addition to their investment portfolio.
Continued Modernization of The National Lottery
Meanwhile, Allwyn’s UK subsidiary is actively working on updating and enhancing operations for The National Lottery, continuing its commitment to modernization and innovation within the sector.
