HCI Capital AG (DB:HXCK) acquired ERNST RUSS GmbH & Co. KG from Peter Döhle Schiffahrts-KG and MS "CORDULA" Schiffahrtsgesellschaft mbH & Co. KG for €4.2 million in stock on April 21, 2016. The acquisition of Ernst Russ GmbH & Co. KG is by means of a contribution in kind, due to which the share capital of HCI Capital AG will be increased by €6.23 million to €32.43 million. The consideration was made in the form of 6.23 million new no-par value bearer shares of HCI Capital AG. The supervisory Board of HCI Capital AG approved the deal. KPMG and Deloitte acted as an accountant and TaylorWessing acted as legal advisor in the transaction.

HCI Capital AG (DB:HXCK) completed the acquisition of ERNST RUSS GmbH & Co. KG from Peter Döhle Schiffahrts-KG and MS "CORDULA" Schiffahrtsgesellschaft mbH & Co. KG in stock on April 21, 2016.