TCSJOHNHUXLEY Enters into Asset Purchase Agreement with GPI
Live table game developer TCSJOHNHUXLEY has entered into an asset purchase agreement with Gaming Partners International (GPI) that will see TCSJOHNHUXLEY acquire all operating assets related to GPI’s casino furniture, layouts and accessories businesses in the North American market.
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 began on November 20, and subject to closing conditions, the deal is expected to close by the end of the year, or in January 2020.