Bio-UV Group s'introduit sur Euronext Growth


Around €10 million raised; market capitalisation of €30 million

Paris – 10 July 2018 – Euronext today welcomed water treatment specialist BIO-UV to Euronext Growth in Paris.

BIO-UV Group designs, manufactures and markets innovative ultraviolet (UV) water disinfectant systems. Its state-of-the-art products help to address health, economic and environmental issues. Thanks to its innovative system, the company has obtained two types of approval (OMI and USCG), which enables it to offer its customers a powerful competitive edge.

The Group was founded in 2000 with the launch in France and Europe of its BIO-UV concept – automatic non-chlorine water treatment for private pools and spas – to target the ‘recreation’ market (private and public pools and spas). Today, BIO-UV Group has marketing operations (directly or via its partners) in 65 countries.

BIO-UV Group (ticker symbol: ALTUV) was listed through the admission to trading on 10 July 2018 of  7,789,295 shares making up its capital, including 2,601,810 new shares issued through a Global Offering[1], after the full exercise of the extension option and before the potential exercise of the over-allotment option.

The offering price was set at €3.84 per share. Market capitalisation on the day of listing was €30 million and the operation raised around €10 million.

At the listing ceremony, Bio-UV CEO and founder Benoit Gillmann said: “We are proud to announce the success of our initial public offering and would like to sincerely thank our reference shareholders (Soridec, Naxicap and ACE Management) for their support, as well as all the new shareholders, institutions and private individuals, who have put their faith in us. I would also like to extend my warmest thanks to all the loyal employees of BIO-UV Group, who, through their daily commitment, contribute to the company’s success in France and abroad since nearly 20 years. The funds raised will allow us to accelerate our momentum and seize all opportunities that present themselves, both on our historical markets and the ballast water treatment market, which is set to see major growth.


[1] The Global Offering was made up of a Public Offering that included an Open Price Offer (OPO) and a Global Placement with institutional investors in France and other countries.

About BIO-UV
Created in 2000, BIO-UV Group designs, manufactures and markets innovative ultraviolet water treatment systems. The range of equipment developed by the Group is aimed at several markets: The recreation market, on which BIO-UV Group is no. 1 in France and in Europe for UV water treatment in residential swimming pools, and for the public and semi-public community pool de-chlorination market; The municipal and industrial markets, on which specific ranges have been developed for applications such as: purification, effluent treatment, wastewater reuse, process waters, aquaculture, etc.; The ballast water treatment market, which has benefited since 2017 from a new international regulation requiring all ships to have equipment to treat their ballast water. In 2017, BIO-UV Group generated revenue of €10.2 million and EBITDA of €1.1 million, representing an EBITDA margin of 11.1%. As of 31 March 2018, the Group had 61 employees. BIO-UV Group has been granted the “Innovative Company” label by Bpifrance and is eligible for the French “PEA-PME” investment scheme. For more information :

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