TCSJOHNHUXLEY said it has signed an irrevocable undertaking to purchase all the issued and outstanding shares in Midwest Game Supply from founders Charles P. and Linda L. Sohm.
The transaction is subject to the usual regulatory approvals, is expected to close by Q1 2022.
Established since 1945, Midwest Game Supply is recognized as a world leader in the manufacture and distribution of dice with a worldwide customer base covering the whole of the USA to Singapore and beyond. Additional product lines include layouts and accessories.
TCSJOHNHUXLEY said is committed to growing the business, and this acquisition aligns perfectly with the company’s vision to become the premier supplier of live table games to the North American market, following the acquisition of the GPI table, layout and accessories product lines in 2020.
The MWGS facility in Kearney, MO will continue to operate as usual and is perfectly positioned to provide the springboard for an expanded Midwest presence for TCSJOHNHUXLEY.
Tristan Sjöberg, TCSJOHNHUXLEY Executive Chairman said, “My brother Michael and myself are delighted with this deal to acquire Midwest Game Supply. Linda and Charles have established a strong company, that is committed to excellence, and admired by many. As a family run business ourselves, we understand the importance of these values and therefore fully intend to uphold their legacy by continuing to run the business in the same spirit that they are well known for. We also look forward to working with their children whom will continue working in the company.”