Nacon Files for Insolvency

In light of the financial difficulties experienced by its parent company, Bigben Group, and the associated issues at Nacon (as reported by GamesMarkt), Nacon has announced its insolvency. The company has applied for judicial reorganisation proceedings to be opened by the Commercial Court of Lille Métropole.

"The aim of this procedure is to assess all possible solutions to ensure the sustainability of the Company's activity under the best possible conditions, protect employees, and preserve jobs, while renegotiating with its creditors in a calm and constructive framework," the announcement reads. The procedure will enable the company to continue its business, renegotiate its debts, and develop a viable continuation plan.

Employee representative organisations were informed of this decision on 24 February 2026. At a hearing expected in early March, the court will rule on the request to open judicial reorganisation proceedings ('redressement judiciaire').
Due to the uncertainty surrounding the outcome of these proceedings, the suspension of the company's share trading will remain in effect.

Nacon is a company within the Bigben Group, established in 2019. Based in Lesquin, France, the company has subsidiaries in several countries, including France, Germany, the Benelux countries, Italy, Spain, Canada and Hong Kong, as well as 16 development studios. The company sees itself as a publisher of AA-grade video games and producer of video game accessories. Nacon employs more than 1,000 people. Its studios include Daedalic Entertainment, Cyanide Studio, Eko Software, Kylotonn, Spiders, Ishtar Games, Midgar Studio, Big Ant Studios, Crea-ture Studios, Neopica, RaceWard Studio, and Nacon Studio Milan.

The Bigben Group announces that it will today file a request with the President of the Court for the opening of an amicable conciliation procedure. The purpose of this procedure is to enable the company to engage in discussions with its financial creditors (particularly bondholders and banking creditors) regarding the restructuring of its financial debt and, if necessary, the securing of new financial resources, under the guidance of a conciliator and within a stable and legally secure framework.