If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

GAME Iberian arm saved by OpCapita-backed venture

GAME's stores in the Iberian region - that's Spain and Portugal - have been saved by an OpCapita-backed investment company known as Cherrilux Investments.

MCV reports Cherrilux was set up by OpCapita to help buy the chain, just as Baker Acquisitions was when it bought the UK arm of the company earlier this month after it entered administration.

The buy will save 290 stores and 1,000 jobs in Spain and Portugal.

The deal was completed last Wednesday, with Cherrilux adding it had "no plans to close stores at Game Iberia and will continue to run the business as a going concern while evaluating the possible sale of the business."

It was previously reported that US retailer GameStop would be interested in the Portugese and Spanish stores.

Tagged With

Support VG247

You give us money, we give you an ad-free reading experience, merch discounts, a newsletter every month, and elite status amongst your friends.

See more information


More News

Latest Articles

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 Merch