Emakina Group SA (ENXTBR:ALEMK) acquired diamond:dogs|group for €3.1 million on September 18, 2015. Under the terms of the deal consideration comprises of €0.8 million to be paid now and the remaining in to be paid in May 2016, based on the 2015 performance recorded by diamond:dogs. Three additional annual payments will be paid based on the performance until 2018. These future payments will be payable partly in shares, and partly in cash (partly financed through financial long-­-term loans). Chief Executive Officer Gerhard Handler Will lead diamond:dogs with office in Vienna, Salzburg and Zurich together with Chief Operations Officer Nathalie Kohn, Chief Technology Officer Rainer Friedl, Chief Commercial Officer Chris Budgen and Chief Financial Officer Christain Handler. In 2014, diamond:dogs had a turnover of 6.5 million. The transaction is expected to have a positive financial impact on the consolidated EBITDA of Emakina Group from the last quarter of 2015. Berend Yntema and Kai-Peter Burger of Acxit Capital Partners acted as financial advisor for diamond:dogs|group.

Emakina Group SA (ENXTBR:ALEMK) completed the acquisition of diamond:dogs|group on September 18, 2015.