Lucas Bols plans Amsterdam IPO
Dutch spirits supplier Lucas Bols plans to raise around £98 million by launching an Initial Public Offering on the Amsterdam stock exchange.
The 440-year-old firm, which supplies Bols liqueur and Bols genever, plans to use the cash to “refinance the company and further strengthen its financial position”.
Rémy Cointreau bought Lucas Bols in 2000 before a buyout in 2006, led by current chief executive Huub van Doorne, with the support of AAC Capital.
Van Doorne said: “We see the intended IPO as a logical next step in the development of our company. After our buy-out in 2006, we have developed strong market positions in Western Europe and North America and a significant presence in Asia Pacific and emerging markets.
“Our current main shareholder AAC Capital has supported us in our strategy to focus on brand building and innovation. The company is now fully prepared for a standalone future with an enhanced capital markets profile to support our international growth strategy. We look forward to this next step in our development.”