Valamar Riviera d.d. (ZGSE:RIVP) made a binding offer to acquire Matthias Aichmann GmbH from the Aichmann family on July 26, 2018. Valamar Riviera d.d. concluded share purchase agreement to acquire Matthias Aichmann GmbH from the Aichmann family on August 18, 2018. Upon completion of the transaction, the hotel will reopen under the Valamar Hotels & Resorts brand as Valamar Obertauern Hotel 4. Valamar expects to complete the necessary steps to transfer the hotel within the next two months. KPMG Financial Advisory Services GmbH acted as financial advisor to Valamar Riviera d.d. Valamar Riviera d.d. (ZGSE:RIVP) completed the acquisition of Matthias Aichmann GmbH on October 11, 2018.