Tuesday May 28,2013 : DUTCH ACQUISITIONS BY NOVOMATIC WILL ENHANCE ONLINE PRODUCTS
Austrian giant Novomatic has bought JVH Exploitatie and JVH Gaming Products.
The land and online gambling supply company Novomatic has bought Dutch companies JVH Exploitatie and JVH Gaming Products through its Austrian Gaming Industries subsidiary.
A company spokesman said that JVH products will now form part of the product portfolio of Novomatic in the neighbouring German AWP market, in which Novomatic has a major share through its subsidiaries Löwen and Crown.
Hannes Reichmann said JVH Gaming products are already exported into Germany, whilst JVH Exploitatie is a significant operator in the Netherlands exclusively for slots in pubs.
He added that the JVH products will also complement Novomatic's digital product line, saying:
“With the establishment of our subsidiary Novo Gaming Netherlands, we continue our strategic and dual acquisitions programme. Our own group brands, AGI, Astra and Bell-Fruit are market leaders in digital gaming and the products of JVH will complement this growing portfolio of products, especially in Germany.”