Heikki Herlin buys large stake in game company Remedy
Translated from Finnish, summarized and contextualized by DistantNews.
At a glance
- Finnish investor Heikki Herlin has acquired a significant 7.0% stake in the video game company Remedy Entertainment.
- The shares were purchased from the company's founder Markus Mรคki, creative director Sami Jรคrvi, and investment firm Accendo Capital.
- Herlin's investment company, Mariatorp, will become Remedy's fourth-largest shareholder, with Herlin expressing belief in the company's long-term potential.
Finnish investor Heikki Herlin has significantly increased his involvement in the gaming industry by acquiring a substantial 7.0% stake in Remedy Entertainment, the acclaimed developer behind titles like Alan Wake, Max Payne, and Control. The acquisition, made through his investment company Mariatorp, positions it as Remedy's fourth-largest shareholder.
The shares were purchased from key figures within the company: founder Markus Mรคki, creative director Sami Jรคrvi, and the investment firm Accendo Capital. Following this transaction, Mรคki, Chinese company Tencent, and Accendo Capital remain the largest shareholders. Remedy, established in 1995, went public on the stock exchange in 2017.
We believe in Remedy's long-term potential and are excited to support the team.
Herlin expressed strong confidence in Remedy's future prospects. "We believe in Remedy's long-term potential and are excited to support the team," Herlin stated in a press release. He further described Remedy as one of the most creative game studios in the industry, highlighting his enthusiasm for the company's vision.
Sami Jรคrvi welcomed the investment, noting the shared philosophy between Mariatorp and Remedy. "Remedy is built by passionate people who believe in our unique vision. Mariatorp brings the same mindset and extensive expertise in film, television, and storytelling," Jรคrvi said. He also expressed admiration for Herlin's passion for video games. Herlin has previous experience on the boards of production company Yellow Film & TV and publishing house Siltala.
Remedy is built by passionate people who believe in our unique vision. Mariatorp brings the same mindset and extensive expertise in film, television, and storytelling. I am also impressed by Heikki Herlin's passion for video games.
Originally published by Helsingin Sanomat in Finnish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.