AmsterdamGold and Holland Gold intend to join forces and create one strong precious metals group. The objective of the combination is to offer an even broader group of investors the opportunity to easily invest in gold and silver so that they can protect themselves against currency depreciation and financial crises. 

The new combination Holland Gold and AmsterdamGold will acquire a strong position in the trading and storage of precious metals in the Netherlands and Belgium. The combination expects to realise synergy benefits, both on the revenue side (cross selling) and on the cost side. In addition, the combination forms the foundation for international growth. The customer benefits from this through more competitive prices, a wider range and even better service. Both parties have an AFM licence for the sale and storage of precious metals.

The transaction is still subject to approval by ACM. The proposed transaction is not expected to have a material impact on Value8's equity. Shareholders of Holland Gold will acquire the majority of the shares under the proposed transaction. The parties expect to be able to make further announcements about the proposed joining of forces in the third quarter.