Ainsworth’s Independent Board Committee has unanimously recommended that the company’s shareholders vote in favour of the transaction.
NOVOMATIC holds an existing stake of 52.9 per cent in Ainsworth, which it purchased in 2016 from founder Len Ainsworth.
Novomatic plans to acquire the remaining 47.1 per cent of Ainsworth shares it does not already own, in a deal valued at A$336m (US$215m). The offer of US$1 per share represents a 35 per cent premium over Ainsworth’s last closing price.
This acquisition aligns with Novomatic’s strategy to bolster its global presence, particularly in the Asia-Pacific and US markets. The transaction is expected to close in the second half of 2025, pending shareholder approval. The NOVOMATIC offer is not conditional on due diligence or regulatory approvals. Foreign Investment Review Board approval has been received.
Stefan Krenn, Member of the Executive Board of NOVOMATIC AG Group, stated: “The acquisition of Ainsworth is consistent with our international growth strategy and the expansion of our presence across the Asia-Pacific and the US region. As a long-term shareholder we are familiar with the business and believe that integrating Ainsworth into our operations is in the best interest of this strategy.”
“We look forward to welcoming the highly qualified and experienced Ainsworth employees into the NOVOMATIC family to become part of our international growth and success.”
Ainsworth is listed on the Australian Securities Exchange (ASX), with headquarters in Newington, Sydney and operations worldwide, including North and South America. Ainsworth is one of the leading manufacturers and suppliers of superior gaming solutions in Australasia as well as in the Americas.
NOVOMATIC is one of the largest gaming technology groups in the world, and a full service provider in all segments of the gaming industry through its around 300 international subsidiaries. The company is active in over 130 countries and employs more than 26,200 employees.
Source: GMB
