Making Science Group, S.A. (BME:MAKS) and its subsidiary Making Science Ltd, have acquired 100% stake in Nara Media Ltd., and 51% stake in Celsius SAS on February 8, 2021. The two companies are acquired debt free. The enterprise value agreed by Nara Media is €6.15 million and will be paid with a part in shares, another in cash and another in an earn-out. The purchase price of 51% of Celsius SAS is €1 million down payment, 300,000 Making Science shares and an earn-out of €1.2 million. Making Science has secured a purchase option for the remaining 49% of Celsius, SAS. The two companies have generated a joint EBITDA of €1.7 million in 2020. Making Science Group, SA and its subsidiary Making Science Ltd, have completed the acquisition of 100% stake in Nara Media Ltd., and 51% stake in Celsius SAS on February 8, 2021. Benjamin Chouai, Fabrice Epstein and Charline Demange of Saul Associés acted as legal advisor to Making Science Ltd and Making Science Group, S.A. (BME:MAKS). Olivier Renault of Renault Thominette Vignaud & Reeve acted as legal advisor to sell side.