TCSJOHNHUXLEY and GPI enter into an asset purchase agreement
The companies have announced that TCS will acquire a number of operating assets from GPI.
US.- TCSJOHNHUXLEY and Gaming Partners International (GPI) have announced 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.
For information on business during the transition period, TCS suggests contacting the respective sales representatives.