Media Investment Optimization, S.A. (BME:MIO) acquired a 51% stake in Firma Brand Communication Sl for €5.6 million on June 21, 2022. Under the terms, Media Investment Optimization will pay 5,156,000 and 400,000 related to the performance of EBITDA. Media Investment has the the call option to acquire remaining 49% stake in Firma Brand.

Media Investment Optimization, S.A. (BME:MIO) completed the acquisition of a 51% stake in Firma Brand Communication Sl on June 21, 2022.