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Naturex Raises Funds for Acquisition Debt Refinancing
Posted: June 25, 2014
Naturex (Avignon, France) has raised total gross proceeds of €67,227,597.50, issue premium included, corresponding to the issuance of 1,311,758 new shares at a subscription price of €51.25 per share.
The proceeds of the issuance will be allocated to the refinancing of the debt relating to the acquisition of Vegetable Juices Inc., a company which produces and sells natural-based vegetable ingredients, as well as finance more modest-sized acquisition opportunities such as the acquisition on of the quillaja and yucca-based ingredients activities of Berghausen Corporation.