Koch Media dismisses for sale reports

Koch Media has dismissed reports that it is on the hunt for a buyer.

Handelsblatt reported over the weekend that Koch had enlisted the services of UBS to find a buyer for the publisher. However, in an unusual move Koch took to Twitter to affirm its position.

“We have seen a recent report suggesting Koch Media is for sale. We are happy to say that Koch Media (including its premium games publishing label Deep Silver) is well-financed, profitable, and a stable and growing business in the entertainment industry,” it said.

“Independent companies like us understandably attract interest. As a matter of fact, we ourselves are always on the lookout for responsible acquisition opportunities in the fields of publishing and distribution to accelerate our growth.

“But we are not for sale.”

Our sister-site MCV has more details.