niiio finance group AG (XTRA:NIIN) agreed to acquire Patronas Financial Systems Gmbh for €9.9 million on December 3, 2021. As per the transaction, niiio finance group AG will issue 6.5 million new shares as purchase consideration. The sales multiple for the transaction is 2.5. In 2020, Patronas Financial Systems Gmbh generated sales of €3.7 million. The transaction is expected to complete on January 1, 2022.