ESV5 Completes Merger with Ninjas in Pyjamas, Accelerated Globalization Process
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Tuesday, January 10, 2023
Following the merger, the combined entity is named NIP Group, Mario Ho, ESV5 Chairman, will become the chairman and co-CEO of NIP group, and Hicham Chahine, the CEO of NIP, will become co-CEO of NIP Group and continue as CEO of Ninjas in Pyjamas.
Key Points:
- Following the merger, the combined entity is named NIP Group, Mario Ho, ESV5 Chairman, will become the chairman and co-CEO of NIP group, and Hicham Chahine, the CEO of NIP, will become co-CEO of NIP Group and continue as CEO of Ninjas in Pyjamas.
- The merger is one of the largest cross-border mergers and acquisitions in the global esports industry to date.
- Both parties will fully realize the complementary advantages and resource sharing and fully open the international layout of NIP Group."
- Hicham Chahine said, "We're incredibly excited to finally complete our merger establishing NIP Group.