The deal is expected to close by the end of the year, or January 2020
TCSJOHNHUXLEY and GPI sign asset purchase agreement
This transaction is expected to strengthen TCSJOHNHUXLEY’s market leadership in this area, while allowing GPI to focus on its core competence in casino security equipment, such as playing cards, currency, and dice.
2019-11-25
Reading time 31 seg
The deal will see TCSJOHNHUXLEY purchase all operating assets related to the casino furniture, layouts and accessories businesses in the North American market, from GPI.
TCSJOHNHUXLEY and Gaming Partners International (GPI) announced last week that they have entered into an asset purchase agreement for TCSJOHNHUXLEY to acquire all operating assets related to the casino furniture, layouts and accessories businesses in the North American market, from GPI.
This transaction is expected to strengthen TCSJOHNHUXLEY’s market leadership in this area, while allowing GPI to focus on its core competence in casino security equipment, such as playing cards, currency, and dice.
The transition begins today, and subject to closing conditions, the deal is expected to close by the end of the year, or in January 2020.
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