B&S Group celebrates first day of trading on Euronext


Amsterdam – 23 March 2018 – B&S Group (ticker symbol: BSGR), a global distribution partner for consumer goods, began trading on Euronext Amsterdam today. The listing follows the company’s Initial Public Offering (IPO), with a total offering of € 358 million.   

Based on a reference price of € 14.50 per share, the total market capitalisation of B&S Group at opening was € 1,221 million.

B&S Group is an international distribution partner of fast-moving consumer goods across a range of niche markets. The company offers the advantage of diversification through markets, products and geographical spreads. The listing will provide B&S Group with financial flexibility and diversity through access to a wider range of capital-raising options to continue to realise its growth ambitions.

Bert Meulman, CEO of B&S Group, said: “The listing marks an important milestone for B&S Group readying the company for the future. It has been an exciting and intensive time and we are very pleased to be at Euronext Amsterdam today to celebrate this new step in the development of our company. The level of interest from both institutional and retail investors underlines the success of how we have built this company over the years. It also confirms our current attractive business model. We look forward to focusing on further expanding our leading positions internationally and to continuing value creation for all our stakeholders.”

B&S Group celebrated the accomplished IPO and listing by sounding the gong, which denotes the opening of trading of the company on Euronext Amsterdam.

About B&S Group
B&S Group is a global distribution partner for consumer goods in attractive channels and across specialised markets, such as Retail B2B (business-to-business), Maritime, Remote and Retail B2C (business-to-consumer). With a well-trained and experienced workforce of approximately 1,460 employees, the Group serves as a trusted and reliable partner to suppliers and customers, providing essential distribution services and solving their supply chain complexities. B&S Group operates a flexible, well invested and highly efficient distribution platform that comes with strong barriers to entry. Powered by high capacity warehouses and delivered with experience in customs and compliance, the Group offers over 40,000 consumer goods to its customers in more than 100 countries. The Group realised a turnover of €1.5 billion and EBITDA of €106 million for the year ended 31 December 2017.

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2023, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2023, Euronext N.V. - All rights reserved.