ZEAL Network SE Expands into UK Prize Draw Market with SevenCanyon Acquisition

ZEAL Network SE has completed a strategic acquisition of SevenCanyon Limited, acquiring the remaining 96.5% of shares. The move marks ZEAL's entry into the UK, Europe's largest market for digital prize draws. This acquisition is expected to diversify ZEAL's geographical and product reach.

SevenCanyon, known for platforms such as 7days Performance and UK Carp Competitions, generated an EBITDA exceeding GBP 10 million in 2026. ZEAL anticipates leveraging its expertise in acquisition marketing and regulatory compliance to scale operations in the UK.

The transaction's cash purchase, priced at approximately GBP 33.8 million, is financed by a EUR 40 million loan from Deutsche Bank. ZEAL projects an increase in EBITDA by high-single-digit millions of euros for the first full financial year post-acquisition. Assumptions include maintaining a steady jackpot environment in Germany.