Inverko Polymers BV signed a preliminary agreement to acquire Vivenda Media Groep N.V. from Stichting Administratiekantoor Driftakker, Schaaij Beheer en Diensten B.V and others in a reverse merger transaction.

Inverko Polymers BV signed a preliminary agreement to acquire Vivenda Media Groep N.V. (ENXTAM:VIVE) from Stichting Administratiekantoor Driftakker, Schaaij Beheer en Diensten B.V and others in a reverse merger transaction on July 5, 2013. Inverko's founder and owner Henk Alssema will join the management Board of Vivenda Media, which will be renamed to Inverko NV once the deal is completed. Vivenda Media will finance the acquisition through a credit facility and a share issue.

The transaction is subject to approval from Vivenda Media's shareholders. As of September 10, 2013, due diligence process was completed. As of November 12, 2013, Vivenda Media paid the cash consideration of €1.2 million.

Vivenda Media will further issue, 23.8 million shares at a par value of €0.20 per share. As of November 18, 2013, the transaction has been approved by the shareholders of Vivenda Media.