Frank\u00adfurt am Main \u2014 ACXIT Capi\u00adtal Part\u00adners acted as IPO advi\u00adsor to Veganz Group AG (the \u201cCompany\u201d or \u201cVeganz\u201d) the Berlin-based purely plant-base\u00add\/\u00adve\u00adgan food company awarded Germany\u2019s most inno\u00adva\u00adtive food brand in 20211), on its successful initial public offe\u00adring (\u201cIPO\u201d) on the Frank\u00adfurt Stock Exch\u00adange (Frank\u00adfur\u00adter Wertpapierb\u00f6rse).<\/p>\n
In the course of the road\u00adshow process, all 547,120 offe\u00adred ordi\u00adnary bearer shares with no par value of the Company (\u201cShares\u201d) were placed with inves\u00adtors in the IPO at EUR 87.00 per Share. The place\u00adment compri\u00adsed 388,733 new shares from a capi\u00adtal increase, 87,024 exis\u00adting shares from the holdings of the selling share\u00adhol\u00adders as well as an over-allot\u00adment consis\u00adting of 71,363 exis\u00adting shares from the holdings of the lending share\u00adhol\u00adders. Ther\u00ade\u00adfore, the total volume of the IPO amounts to around EUR 47.6 million.<\/p>\n
Gross proceeds from the sale of the new shares in the IPO amount to around EUR 33.8 million. Veganz intends to use the net proceeds prima\u00adrily for the estab\u00adlish\u00adment of the new produc\u00adtion site near Berlin as well as invest\u00adments in the further orga\u00adnic and inor\u00adga\u00adnic growth, e.g. for rese\u00adarch and deve\u00adlo\u00adp\u00adment, expan\u00adsion of field force, marke\u00adting and further expan\u00adsion in selec\u00adted Euro\u00adpean countries.<\/p>\n
\u201cSince our foun\u00adda\u00adtion more than 10 years ago we at Veganz are pioneers, setting stan\u00addards in our markets. Having accom\u00adplished the first \u2018vegan IPO\u2019 in Germany is another mile\u00adstone in our history. We welcome all new inves\u00adtors at Veganz and cordi\u00adally invite ever\u00adyone to parti\u00adci\u00adpate with us in the poten\u00adtial of the vegan food market. Now, it is about imple\u00admen\u00adting our growth stra\u00adtegy and fully seize the oppor\u00adtu\u00adni\u00adties for Veganz\u201d, reflects Jan Bredack, foun\u00adder and CEO of Veganz.<\/p>\n
The shares of Veganz carry the inter\u00adna\u00adtio\u00adnal secu\u00adri\u00adties iden\u00adti\u00adfi\u00adca\u00adtion number (ISIN) DE000A3E5ED2, the German Secu\u00adri\u00adties Code (Wert\u00adpa\u00adpier-Kenn-Nummer (WKN)) A3E5ED and the ticker symbol VEZ.<\/p>\n
ACXIT Capi\u00adtal Part\u00adners acted as IPO advi\u00adsor to the Company.<\/p>\n
About Veganz<\/strong><\/p>\n Veganz \u2014 Good for you, better for ever\u00adyone \u2014 is the brand for plant-based food. Foun\u00added in Berlin in 2011, Veganz became known as the Euro\u00adpean vegan super\u00admar\u00adket chain. With a colorful and life-affir\u00adming company philo\u00adso\u00adphy, Veganz mana\u00adged to break open the vegan niche and estab\u00adlish the plant-based nutri\u00adtion trend on the market. The current product port\u00adfo\u00adlio includes around 120 products (101 active products as of Septem\u00adber 30, 2021) across 17 cate\u00adgo\u00adries and is available in more than half of all Euro\u00adpean count\u00adries and in 22,264 points of sale (POS) globally as of June 30, 2021, exclu\u00adding Veganz\u2019 own three stores in Berlin, Germany. In addi\u00adtion, the Veganz product port\u00adfo\u00adlio is conti\u00adnuously being expan\u00added to include high-quality, inno\u00adva\u00adtive items and the sustainable value chain is constantly being impro\u00adved. For this commit\u00adment, Veganz was the only German company to be voted one of the top inno\u00adva\u00adtive brands and Germany\u2019s most inno\u00adva\u00adtive food brand in an exclu\u00adsive Handels\u00adblatt ranking in 2021.<\/p>\n About ACXIT<\/strong><\/p>\n ACXIT Capi\u00adtal Part\u00adners is a leading inter\u00adna\u00adtio\u00adnal corpo\u00adrate finance and finan\u00adcial advi\u00adsory firm for mid-market clients, and entre\u00adpre\u00adneurs in Europe and beyond. Since 1998, we offer our clients compre\u00adhen\u00adsive corpo\u00adrate finance advi\u00adsory services inclu\u00adding M&A and capi\u00adtal markets advi\u00adsory as well as debt and stra\u00adte\u00adgic advi\u00adsory. As an inde\u00adpen\u00addent, priva\u00adtely owned firm we main\u00adtain offices and repre\u00adsen\u00adta\u00adti\u00adons in Frank\u00adfurt, Munich, Zurich and New York as well as strong alli\u00adances in the UK and France. Our clients are corpo\u00adra\u00adti\u00adons, family-owned busi\u00adnesses, entre\u00adpre\u00adneurs, finan\u00adcial spon\u00adsors and family offices.<\/p>\n Tran\u00adsac\u00adtion Team ACXIT Capi\u00adtal Partners: Good\u00adwin<\/strong> advi\u00adsed Berlin-based Veganz Group AG on all corpo\u00adrate law issues in connec\u00adtion with the imple\u00admen\u00adta\u00adtion and struc\u00adtu\u00adring of its IPO. In close coope\u00adra\u00adtion with the Good\u00adwin team, the law firm NOERR<\/strong> (led by Dr. Laurenz Wieneke) advi\u00adsed on all capi\u00adtal market law issues.<\/p>\n","protected":false},"excerpt":{"rendered":" Frank\u00adfurt am Main \u2014 ACXIT Capi\u00adtal Part\u00adners acted as IPO advi\u00adsor to Veganz Group AG (the \u201cCompany\u201d or \u201cVeganz\u201d) the Berlin-based purely plant-base\u00ad\u00add\/\u00ad\u00adve\u00ad\u00adgan food company awarded Germany\u2019s most inno\u00adva\u00adtive food brand in 20211), on its successful initial public offe\u00adring (\u201cIPO\u201d) on the Frank\u00adfurt Stock Exch\u00adange (Frank\u00adfur\u00adter Wert\u00adpa\u00adpier\u00adb\u00f6rse). In the course of the road\u00adshow process, all [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":38294,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1371,1372,1377],"tags":[],"class_list":["post-40236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-deals-en","category-consultant","category-corporate-finance-ma"],"yoast_head":"\n
\n<\/strong>Jens Tschau\u00adder, Mana\u00adging Partner
\nChris\u00adtian Ende\u00adrichs, Director
\nSimon Vorwerk, Analyst
\nJulius Ohlen\u00adbusch, Analyst<\/p>\n
\nThe Good\u00adwin team was led by Dr. Markus K\u00e4pplin\u00adger (Part\u00adner, Corpo\u00adrate) with support from Heiko Penn\u00addorf (Part\u00adner, Tax), Felix Kr\u00fcger (Coun\u00adsel, Tax) and asso\u00adcia\u00adtes Jochim Robert, Bastian Schmack (both Corpo\u00adrate) and commer\u00adcial lawyer Nadine Gommel (Corpo\u00adrate).<\/p>\n