The Social Chain AG (DB:PU11) signed an agreement to acquire 100% stake in DS Produkte GmbH for ?250 million on October 19, 2021. The consideration shall be paid as ?100 million in cash and 2.855 million new shares. Ralf D?mmel will be appointed to?Social Chain AG's?Management Board. With the acquisition of?DS Group,?Social Chain AG?expects total?revenues?of??620 million?for the 2021 financial year.