Valamar Riviera d.d. (ZGSE:RIVP) agreed to acquire Marietta hotel in Obertauern on November 23, 2021. Croatian hotel operator Valamar Riviera [ZSE:RIVP] said on Tuesday its supervisory board approved capital increase by 11.07 million euro of its Austrian subsidiary, to be used to acquire four-star hotel Marietta which will be the second hotel run by Valamar in Austria. Wurmboeck, chairman of the supervisory board of Valamar Riviera, will carry out the capital increase via his company Wurmboeck Beteiligungs (WB). Following the capital increase, Valamar will hold 24.54% interest in the share capital of Valamar A, while WB will have a stake of 75.46%. These transactions are expected to be completed by the end of the year.