KKO International makes debut on Alternext Brussels and Paris
Belgian holding specialising in cocoa production listed today on the Alternext markets in Brussels and Paris. KKO International is the first food producer to do an IPO on the European markets in 2015 and is currently the only company benefitting from a dual listing on Alternext.
Owner of a cocoa plantation of 1,000 hectares in Ivory Coast, KKO International raised € 6.54 million in new capital and has an initial market capitalisation of € 31.6 million. The proceeds of the IPO will allow KKO International to secure rights to possess and cultivate additional parcels, to invest in staff and equipment and to strengthen structural investments in its plantation.
To celebrate the listing, Jacques-Antoine de Geffrier, Chairman of KKO International, rang the bell in Brussels to open trading.
For more information, visit www.kko-international.com