Who owns Triumph Studios?
Triumph Studios is owned by Paradox Interactive (Sweden, Nasdaq Stockholm: PDX), which has owned the brand since 2017.[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Paradox Interactive AB (publ) Annual Report 2025. Last checked .
Key facts
- Current owner
- Paradox Interactive AB (publ) reported
- Owned since
- Owner HQ
- 🇸🇪 Sweden, Stockholm
- Origin
- 🇳🇱 Netherlands, Delft
- Founded
- 1997
- Category
- Technology › Game makers & platforms › Game publishers & studios
- Parent ticker
- Nasdaq Stockholm: PDX
- Last verified
- · 1 sources
About Triumph Studios
Triumph Studios is a Delft game developer founded in 1997, the creator of the Age of Wonders and Overlord series. Paradox Interactive acquired it in 2017 and holds it through Triumph Holding BV. It released Age of Wonders 4 in May 2023 and kept expanding the game through 2025.
Ownership timeline of Triumph Studios
- 2017 – present Paradox Interactive [1] reported
Where Triumph Studios sits in Paradox Interactive
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Paradox Interactive ownership tree →
See the full Paradox Interactive brand portfolio (10) →
Other brands owned by Paradox Interactive
Paradox Interactive controls 10 brands on Brandtree, 3 of them in technology.
Also in technology
- Haemimont Games (1997)
- Paradox Development Studio (1995)
Other brands in game publishers & studios, and who owns them
The 22 brands in game publishers & studios on Brandtree belong to 8 owners. The largest is Atari, with 5; Paradox Interactive has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Atari | Atari | 🇱🇺 Luxembourg |
| Brainium | PLAYSTUDIOS | 🇺🇸 United States |
| KartKraft | Motorsport Games | 🇺🇸 United States |
| DoubleDown Casino | DoubleDown Interactive | 🇰🇷 South Korea |
| Embark Studios | Nexon | 🇯🇵 Japan |
| Snail Games USA | Snail | 🇺🇸 United States |
| Unknown Worlds | KRAFTON | 🇰🇷 South Korea |
| Digital Eclipse | Atari | 🇱🇺 Luxembourg |
About the owner: Paradox Interactive
Paradox Interactive is a publicly listed company headquartered in Stockholm, Sweden, founded in 1999. Brandtree records 10 brands under its control, and it is listed as Nasdaq Stockholm: PDX.
Paradox Interactive is a Stockholm developer and publisher of strategy and management games for PC and consoles. Until the early 2000s it was the video game division of Target Games, and the current company became independent in 2004 with seven employees. It owns the IP behind most of what it publishes, including the World of Darkness universe, and every studio it holds is wholly owned. Its shares moved from First North to the Nasdaq Stockholm main market on 9 June 2026.
Paradox Interactive: full profile, brands and acquisition history →
🇳🇱 Triumph Studios and other Dutch brands
Brandtree records a controlling owner for 68 brands that began in the Netherlands. 39 of them (57%) are now controlled by a company headquartered in another country, Triumph Studios among them.
- Studio 397 — Motorsport Games 🇺🇸
- 4PS — Hilti 🇱🇮
- Albert Heijn — Ahold Delhaize 🇳🇱
- Amstel — Heineken 🇳🇱
- Aviko — Royal Cosun 🇳🇱
- B&C International — Springs Window Fashions 🇺🇸
Frequently asked questions
Who is the parent company of Triumph Studios?
The parent company of Triumph Studios is Paradox Interactive, a publicly listed company headquartered in Sweden.
Is Triumph Studios Dutch or Swedish?
Triumph Studios originated in the Netherlands in 1997, but it is owned today by Paradox Interactive, which is headquartered in Sweden. So Triumph Studios is a Dutch-origin brand under Swedish ownership.
Since when has Paradox Interactive owned Triumph Studios?
Paradox Interactive has owned Triumph Studios since 2017.
Is Triumph Studios still owned by Paradox Interactive?
Yes. As of 28 October 2026, Triumph Studios is still owned by Paradox Interactive. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Paradox Interactive AB (publ) Annual Report 2025 — Paradox Interactive AB (publ), Annual report; retrieved 28 October 2026.
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