IFLR1000

Aluflexpack SIX Swiss Exchange IPO

3/7/2019
IPO
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SFr 169 million

$ 170.338 million

Completed

3/7/2019

Overview:

  • Packaging manufacturer Aluflexpack has undertaken its IPO on SIX Swiss Exchange, raising SFr169 million.
  • The IPO had a base offering of 7.3 million new shares at the price of SFr21 per share and an over-allotment option of 730,000 shares.
  • The company will use the proceeds to expand its production capacity in Europe, automate production, acquire targets across the world and redeem shareholder loans.

Rajeeb Gurung - Researcher

 

 

Jurisdiction:

Switzerland

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Industrials and manufacturing

Firms:
Baker McKenzie

Party: Zürcher Kantonalbank (Joint bookrunner)

Party: Raiffeisen Centrobank (Co-Lead manager)

Party: Joh. Berenberg Gossler & Co KG (Global coordinator, Joint bookrunner)

Lawyers: Christoph Wolf, Matthias Courvoisier

Walder Wyss

Party: Aluflexpack (Issuer)

Lawyer: Daniel Dedeyan

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