This would certainly be a great acquisition for Corsair, and perhaps also a way of giving Fanatec a little more visibility.
A small surprise in the world of accessories dedicated to video games - and PC gaming in particular - the Fanatec brand could well change hands in the next few years. Until now, Fanatec has been owned by Endor AG, a company specializing in top-of-the-range steering wheels for experienced and demanding pilots. However, the latter is not in the best of shape, with debts estimated at around 70 million euros, which it is struggling to pay off. One of the solutions found by its management is to get rid of certain assets, preferably those likely to find a buyer quickly.
This is particularly timely, since the American brand Corsair is looking to add yet another string to its already full bow. Initially known for its RAM modules - which were among the first to come with a lifetime warranty - Corsair has since expanded its activities to include power supplies, keyboards, mice, cooling kits, gaming seats and even desktops. A few years ago, Corsair acquired Scuf Gaming to consolidate its presence in the world of PC/console controllers.
The Fanatec BMW M4 GT3 steering wheel © Fanatec
Today - and without any word having been revealed - it's Fanatec that could fall into the American group's lap. " Fanatec is an incredible brand with a strong community, and we believe that Corsair is the ideal home for Fanatec's loyal customers, employees and business partners ", said Andy Paul, CEO of Corsair, before adding: " This transaction would resolve the company's significant debt, and position it for continued growth and expansion of its product portfolio ". Andres Ruff, Head of Restructuring at Endor AG, adds: " We are delighted to have found in Corsair a strategic investor who knows our market well and is willing to invest for the long term.
Everyone seems to be delighted with the transaction, which still needs the approval of the German authorities to be validated.
