Value8 NV (ENXTAM:VALUE) agreed to acquire 51% stake in Eetgemak BV on January 15, 2013. Value8 will finance the deal using new venture capital, own resources and an existing credit facility. For the year 2012, Eetgemak reported revenues of €17 million.

Post acquisition, Eetgemak BV will remain under the management of founder Leo van der Krogt. Completion of the transaction is expected in the coming weeks. Value8 expects the acquisition to add to its earnings per share.

Loet Venrooy of Houthoff Buruma acted as the legal advisor for Value8. Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. acted as the financial advisor for Value8. Marktlink acted as the legal advisor for Eetgemak.