440 year old leading global spirits player raises €126 million in IPO, becoming one of the world’s oldest listed companies
Amsterdam - 4 February 2015 – EnterNext, the Euronext subsidiary designed to promote and grow the market for SMEs, today welcomed Lucas Bols N.V. on the Amsterdam exchange of Euronext (ticker code: BOLS).
Lucas Bols is a leading global spirits player with a unique Dutch heritage including Bols, the world’s oldest distilled spirits brand, dating back to 1575 in Amsterdam. Building on 440 years of history of mastering the art of distilling, mixing and blending, the company today has more than 20 brands across a range of spirits products, sold globally in more than 110 countries. By becoming a listed company Lucas Bols is one of the world’s oldest listed companies.
After opening, the first market price was € 16.52 per share. Based on the first price, the total market capitalization of the company was around € 206million.
Lucas Bols CEO Huub van Doorne: “This IPO is an important milestone in the 440 years of history of our company. We feel honoured to bring back together two of the oldest Dutch companies still active; the oldest stock exchange in the world and the world’s oldest distilled spirits brand. We are excited to enter this next phase together with our new shareholders , and we look forward to execute our international growth strategy and further strengthen our position as the world’s leading cocktail authority.”
“We are delighted to raise our glass to Lucas Bols today, an international company with a strong Dutch heritage,” said Maurice van Tilburg, CEO of Euronext Amsterdam. “It is great to see another leading company list on Euronext Amsterdam as a result of our continuous efforts with EnterNext and market parties to position the exchange as a source of finance for SMEs. We are fully committed to support midsized companies in their growth. We expect more companies to follow Lucas Bols’ example.”
“We would like to congratulate Lucas Bols on its successful IPO,” added Hans Leufkens, Head Client Coverage EnterNext.“More and more companies are looking at the exchange in their search for capital. EnterNext is especially designed to serve and support midsized companies with their financing solutions. The listing provides Lucas Bols enhanced access to a large pool of investors and liquidity in Europe that it can use to finance its future development. Also, the company will benefit from the support EnterNext offers for increasing its reach and visibility.”
To celebrate the listing, CEO of Lucas Bols Huub van Doorne sounded the gong in Amsterdam to open trading on Euronext’s European markets. He was accompanied by CFO Joost de Vries, Creative & Communications Director Sandie van Doorne, their Supervisory Board and Maurice van Tilburg, CEO of Euronext Amsterdam.