Will the sale of Codere to private equity funds become inevitable?
26.03.2026 (19:07)
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Will the sale of Codere to private equity funds become inevitable?
Amid reports of a possible sale of the Spanish gaming group Codere, market experts are discussing who might become its new owner. While major industry operators may show interest, private equity funds are considered the most likely buyers.
M&A expert Christian Tirabassi notes that a potential investor will not only have to acquire the asset but also develop a clear business recovery plan backed by significant financial investments.
The Spanish gaming group Codere is considering selling its business for over €2 billion.
The online segment became a key growth driver for Cirsa in the 2025 financial year. Online gambling and betting revenues increased by 25.8% year-on-year.
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