Catena Media acquires MrGamez and Spielekiste

Catena Media has strengthened its position once again with the acquisition of Delilah Holdings’ affiliate assets comprising MrGamez.net and Spielekiste.de, both focused on German-language casino sites in Germany and Switzerland.

A cash consideration of Euro 4.2 million with a maximum Euro 2.25 million earn-out on revenue performance over a 12 month period has been agreed for the acquired assets which Catena expects will generate quarterly sales of around Euro 300,000 with an operating margin of around 80 percent.

“The acquisition of MrGamez.net and Spielekiste.de will broaden our German presence and provide further growth in German-speaking markets. With this acquisition we are further strengthening our pan-European portfolio,” Robert Andersson, CEO of Catena Media, said.

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