Koninklijke Wessanen N.V. (ENXTAM:WES) acquired Abbot Kinney's BV for €13 million on September 10, 2018. Purchase price including a cash consideration of €7.9 million (including cash and cash equivalents acquired) and a contingent consideration of €4.9 million. Wessanen agreed to pay the selling shareholders an earn-out in 2021 based on revenue and operating profit targets set for the full year 2020. At December 31, 2018, the contingent consideration had increased by €0.2 million to €5.1 million. The amounts recorded for the transaction are still provisional and subject to adjustments during the measurement period. Koninklijke Wessanen Abbot Kinney’s through the acquisition of 100% of the shares of AK Food and its 100% subsidiaries Abbot Kinney’s and Plantly. Koninklijke Wessanen N.V. (ENXTAM:WES) completed the acquisition of Abbot Kinney's BV on September 10, 2018.