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Emakina Group S.A.: Emakina integrates leading Austrian agency diamond:dogs

strengthening its central European 'DACH' position

Gerhard Handler, CEO diamond:dogs

Gerhard Handler, CEO diamond:dogs

[ Fotos ]

Brussels/Vienna (pta009/18.09.2015/09:00 UTC+2) Emakina Group today announced it takes a 100% stake in the capital of diamond:dogs|group. With this step Emakina strengthens its position in the DACH-countries and leading role among European independent full-service digital agencies. The 80 diamond:dogs experts in online, mobile and social integral solutions join Emakina, with a strategic focus on the Central European market. CEO Gerhard Handler leads the new Emakina agency, with offices in Vienna, Salzburg and Zurich.

With offices in Belgium, The Netherlands, France, Switzerland, and Turkey and international partnerships, Emakina serves customers worldwide. The integration of diamond:dogs reinforces its digital transformation experience, on a strategic and operational level, in B2B and B2C support.

This acquisition represents a first payment of maximum EUR 3.1 million in cash out of which EUR 0.8 million is executed now, and the remaining amount will be executed in May 2016, based on the 2015 performance recorded by diamond:dogs|group. Three additional annual payments will be executed based on the performance recorded until 2018. These future payments will be payable partly in shares, and partly in cash (partly financed through financial long-term loans).

In 2014, the annual turnover of diamond:dogs|group amounts to EUR 6.5 million. This acquisition should have a positive financial impact on the consolidated EBITDA (operating result before depreciation) of Emakina Group from the last quarter of 2015.

Gerhard Handler leads the new Emakina agency as CEO, together with COO Nathalie Kohn, CTO Rainer Friedl, CCO Chris Budgen, and CFO Christian Handler.

Karim Chouikri, CEO of Emakina: "We warmly welcome diamond:dogs into the Emakina family. Their expertise and market leadership as a one-stop-shop for the whole digital value chain will greatly contribute toward expanding our product offerings in the important Central European region."

Brice Le Blévennec, co-CEO of Emakina: We quickly were on the same wavelength with our new colleagues and share a clear vision on digital transformation. Gerhard and his team have a solid reputation as a highly trustworthy and dynamic digital agency, with a broad focus on integral solutions. This fits very well with Emakina's DNA."

Gerhard Handler: "Emakina's 670 high-level communication experts and its global reach through its agencies and partners boost our power in cutting edge digital transformation and communications, and the market position of our team and clients in a long term perspective."

More information

Karim Chouikri, Chief Executive Officer
+32(0)2 400 40 00
kch@emakina.com

Frédéric Desonnay, Chief Financial Officer
+32(0) 2 788 79 26
fds@emakina.com

Luc Malcorps, Director of Media Relations
+32(0)2 788 79 73 l
lma@emakina.com

Emakina Group S.A. - http://www.emakina.com
Rue Middelbourg 64A, 1170 Brussels, Belgium
VAT 0464.812.221 - ISIN BE 0003843605

About the Emakina Group
The Emakina Group is an independent European group of cutting edge communication agencies. More than 670 experts work from offices in Belgium, France, Netherlands, Switzerland, Austria and Turkey. They serve clients such as Audi, Axa, BIC, Brady-Seton, Danone, De Bijenkorf, D'Ieteren, EDA, Engie, Federal Mogul, FIVB, ING, IWC, Karl Lagerfeld, KPN-Base, L'Oréal, Nike, Orange, Peugeot, Starwood, SNCF, Sundio, Total, Thomas Cook, and Unilever.

The Emakina agency guides companies through their digital transformation, helping them to develop better customer experiences, new lines of business, and quite simply to work better. The other agencies in the group are The Reference, Design is Dead, Your Agency, and Robert & Marien. All offer first class specialised digital and communication services.

The Emakina Group reported annual sales of EUR 56,1m in 2014 and is listed on Alternext of Euronext Brussels (ALEMK https://europeanequities.nyx.com/en/products/equities/be0003843605-alxb - ISIN: BE0003843605). http://www.emakina.com

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Emitter: Emakina Group S.A.
Rue Middelbourg 64A
1170 Brussels
Belgium
Contact Person: Luc Malcorps
Phone: +32 2 788 79 73
E-Mail: lma@emakina.com
Website: www.emakina.com
ISIN(s): BE0003843605 (Share)
Stock Exchange(s): -
Other Stock Exchanges: Alternext, Euronext Brussels
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