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Catena Media expands German affiliate presence with Dreamworx deal

18th January 2018 1:08 pm GMT

Stockholm-listed performance marketing specialist Catena Media has strengthened its position in Germany with the acquisition of sports betting and financial services affiliate Dreamworx Online.

The company will pay €9.5m at completion of the transaction to acquire the affiliate assets, of which €4.0m will be paid with newly issued shares in Catena Media and the remaining €5.5m in cash.

Dreamworx operates sports sites such as Sportwettenanbieter.com and Fussballwetten.de, as well as financial site DeutscheFXBroker.com. The acquired assets are [...]

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