KKCG Sold a Minority Stake in Allwyn to J&T Arch Investment

KKCG, an international investment group owned by Karel Komárek, sold a 4.27% stake in Allwyn to the Czech fund J&T Arch Investment for 500 million euros. The minority stake will be held through the newly established JTFG Fund IV SICAV, while the remaining 95% will continue to be owned by KKCG. Allwyn operates lotteries in the United States, the United Kingdom, the Czech Republic, Austria, and Greece. It also participates in the operation of the Italian lottery as part of a consortium.

J&T Arch Investment is the largest fund in the Czech Republic and Slovakia. It manages assets worth 5,5 billion euros and is traded on the Prague Stock Exchange. Its most significant asset is a minority stake in J&T Capital, which brings together holdings in joint investment projects, primarily in the energy sector, of J&T (Patrik Tkáč) and EP Group (Daniel Křetínský).

KKCG operates in more than 40 countries worldwide. In addition to Allwyn, it also owns the energy group MND, the IT services provider Avenga, and the real estate division KKCG Real Estate Group. The group generates an annual profit of more than 1.4 billion euros.