Bols heads to Amsterdam stock exchange

Bols heads to Amsterdam stock exchange

Lucas Bols, the Dutch parent company of the liqueurs and gins branded Bols, has plans to go public on the Amsterdam stock exchange. The IPO should bring in 125 million euro.

"Logical next step"

The IPO has not yet been dated, but the company expects to launch in the near future depending on how the market acts. It will consist of new shares, mainly intended for Dutch investors, while only a small number of shares will be offered to foreign investors.

 

"We see the intended IPO as a logical next step in the development of our company. After our buy-out in 2006, we have developed strong market positions in Western Europe and North America and a significant presence in Asia Pacific and emerging markets. [...] We look forward to this next step in our development", CEO Huub van Doorne said in a statement.

 

Rémy Cointreau bought Lucas Bols in 2000, but it became an independent company again after a 2006 buy-out, led by Van Doorne and supported by AAC Capital.

Tags: