Amsterdam Commodities N.V. (ENXTAM : ACOMO) agreed in principle to acquire Delinuts B.V. from its family on March 21, 2017. Amsterdam Commodities will pay the purchase price in cash and partly, to the amount of €7.9 million, in Amsterdam Commodities shares. Delinuts reported turnover of €70 million at the end of 2016. The management of Delinuts, consisting of Catharinus den Boon and Ben de Jonge, will continue managing the company after the acquisition. The proposed takeover has been reported to the Dutch Authority for the Financial Markets and will be submitted for approval to the relevant competition authorities. As of April 18, 2017, Authority for Consumers and Markets approved the transaction, the only requirement now to close the acquisition is the German competition authority’s approval. As of April 28, 2017, German federal competition authority has given clearance to continue and close the acquisition by Amsterdam commodities N.V. F.J.M. Witte of Creative Venue PR acted as public relations advisor to Amsterdam Commodities N.V. KPMG acted as financial advisor for the shareholders of Delinuts.