Alychlo NV made a mandatory offer to acquire remaining 36.1% stake in SnowWorld N.V. (ENXTAM:SNOW) for €10.7 million on March 13, 2018. Pursuant to the terms of offer, Alychlo will pay €9.5 per share excluding dividend for each remaining outstanding share of SnowWorld. The acceptance period under the offer will start on March 14, 2018 and will close on May 8, 2018.

Alychlo NV completed the acquisition of an additional 21.9% stake in SnowWorld N.V. (ENXTAM:SNOW) for €6.5 million in May, 2018.