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Baker McKenzie legal advisor to Embracer and Coffee Stain in the spin-off of Coffee Stain and subsequent listing on Nasdaq First North Premier Growth Market in Stockholm

Following a spin-off from Embracer Group, on 11 December 2025, trading in the class B shares of Coffee Stain Group AB (publ) commenced on Nasdaq First North Premier Growth Market in Stockholm.

Coffee Stain Group brings together Scandinavian game developers and publishers with a portfolio of community-driven games primarily for PC and console. It has a proven track record of building successful titles such as Goat Simulator, Satisfactory, Deep Rock Galactic, Valheim, Teardown and Welcome to Bloxburg. The Group consists of around 250 employees and 13 game studios including Coffee Stain, Ghost Ship and Tuxedo Labs.

Embracer Group is a global group of creative and entrepreneurial businesses in PC/console, mobile and other related media.

Baker McKenzie acted as legal advisor to Embracer Group and Coffee Stain Group with a Capital Markets team consisting of Stefan Balazs, Johanna Flink, Olof Larsson and Nanna Trulsson.

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