Manufacturas GRE, S.A. entered into an agreement to acquire Splash & Zen Business from Realco S.A. (ENXTBR:REAL) for €3.5 million on March 24, 2021. The consideration for the business comprises a fixed payment of €3.5 million and three earn-out payments equal to 10% of the business's gross sales in 2022, 2023 and 2024. The Business generated gross sales of approximately €4.9 million in 2020. This Business will be integrated within GRE's existing operations. Closing of the transaction is subject customary conditions precedent and is expected to close in September 2021. Manufacturas GRE, S.A. completed the acquisition of Splash & Zen Business from Realco S.A. (ENXTBR:REAL) on October 14, 2021. Manufacturas GRE, S.A., has proceeded in the first instance to release in favor of Realco the initial payment of €0.2 million euros, which had been deposited as collateral at the time of the signature. Also Manufacturas GRE, S.A.has made the payment of the fixed price of €3.3 million at the close of the operation.