Nordisk Film Invest in Avalanche Studios

Avalanche Studios are no strangers to big IPs. They published Just Cause and the official game of the latest Mad Max movie after all. They’re now branching out, thanks to a deal with Nordisk Film, one of the premier Nordic film studios.

“It's great to have Nordisk Film on board as partner”, said Pim Holfve, CEO of Avalanche Studios. “With a solid background from a range of creative industries, they understand our business well and have a matching company culture. This investment allows us to further accelerate toward our goal of developing and self-publishing more high quality games.”

A leading film producer, film distributor and cinema operator in the Nordic region, Nordisk Film has founded Nordisk Film Games with an ambitious growth strategy of investing in Nordic gaming studios. This deal gives them a minority ownership share in Avalanche Studios. Percentages were not disclosed, but the deal is stated as being worth more than $10m (USD).

“I am excited that we have the opportunity of becoming co-owners of Avalanche Studios, which has a very solid and proven track record in the global gaming market”, commented Allan Mathson Hansen, CEO of Nordisk Film, who will join Avalanche Studios’ Board of Directors. “We are investing heavily in gaming and look forward to working with Avalanche Studios on bringing the company to the next level. Gaming fits our profile very well. We are used to working with creative people, commercializing creative products and developing IPs.”