Nacon files for insolvency after Bigben's financial failure

A once-thriving gaming giant now fights for survival. Nacon's insolvency filing exposes deep financial cracks—and a race to save its studios and employees.

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2026 May 24 . 11:09 PM

1 min read

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Nacon files for insolvency after Bigben's financial failure

French video game publisher and accessories manufacturer Nacon has filed for insolvency. The company, known for its gaming peripherals and titles, announced it can no longer meet its financial obligations under current conditions. Trading in its shares, along with those of majority shareholder Bigben Interactive, was halted on February 20 after the financial troubles came to light. Nacon’s financial collapse stems from Bigben Interactive’s failure to repay a promised sum. This shortfall left the company unable to cover its debts, forcing it into insolvency. In response, Nacon has initiated court-supervised restructuring proceedings in Lille to stabilise operations and protect its 1,000 employees.

The restructuring process aims to freeze debts for up to 18 months, with the first court hearing set for early March. Nacon has stated it will pursue 'calm and constructive' talks with creditors during this period. The group’s portfolio includes subsidiaries like Cyanide, Big Ant Studios, and Daedalic—acquired in 2022 for up to €53 million. Nacon’s gaming peripherals and publishing divisions have made it a recognisable name in the industry. However, the financial strain has now pushed the company into a critical phase of restructuring to secure its future.

The insolvency filing marks a turning point for Nacon as it seeks to recover through legal and financial restructuring. If successful, the proceedings could safeguard jobs and allow the company to continue operations. The outcome will depend on negotiations with creditors and the court’s decisions in the coming months.