Dutch drinks group Lucas Bols plans Amsterdam IPO
Dutch alcoholic drink maker Lucas Bols is working towards a stock exchange launch, the company said on Thursday.
The 440-year-old Dutch firm, which sells its products in 110 countries, aims to raise €125m which it will use for refinancing and strengthening its financial position.
The company produces alcoholic drinks under a variety of brand names including Bols and Bokma and its products are considered essential in many cocktails. The company claims to be the oldest distillery in the world.
Lucas Bols is 75% owned by private equity house AAC Capital. The rest of the shares are owned by the company’s management.
Chairman Huub van Doorne said in a statement an IPO is a logical step. ‘The company is now fully prepared for a stand-alone future with an enhanced capital markets profile to support our international growth strategy,’ he said.
The IPO will take place in the ‘near future’, subject to market conditions.
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