The Dutch company expects its IPO to raise 125 million euros.
This amount will be used for refinancing and further strengthen the financial position of the company. Bols aims to finalize the IPO ” in the near future ” off.
Currently, Bols 75 percent owned by AAC Capital investment company, the remaining 25 percent is owned by the management and the board Bols.
Logic
Chairman Huub van Doorne late in a statement the IPO to find a logical step. “The company is now ready for an independent future with strengthen capital markets profile to support our international growth strategy.”
The liqueur brand, which is 440 years can call the oldest distillery in the world, in recent years had several owners.
In 2000 the company fell into French hands when Rémy Cointreau liquor manufacturer, the company purchased for half a billion euros. In April 2006, ABN Amro bought 210 million Bols in collaboration with Van Doorne, former director of Rémy Cointreau. Since then, Van Doorne is at the helm at the Amsterdam distiller.
Revenue
The turnover of Bols stabilized last year about, at 78.7 million. The global brands showed growth, while it was less with the regional brands. Van Doorne seem revenues of these brands have now stabilizing, so they are able to support the further development of international brands.
Bols sells over twenty brands in more than 100 countries. Nearly a quarter of the revenue comes from Southeast Asia (Asia Pacific), while North America accounts for 18 percent of revenue
No comments:
Post a Comment