Greenyard has successfully strengthened its capital structure
March 2021 — Alychlo NV, an investment company controlled by Mr Marc Coucke, as well as the existing shareholder, Mr Joris Ide, have committed to participate in a US$60 million reserved capital increase.
Greenyard (Euronext Brussels: GREEN) is a global market leader of fresh, frozen and prepared fruit and vegetables, flowers and plants. Counting Europe’s leading retailers amongst its customer base, Greenyard provides efficient and sustainable solutions to customers and suppliers through best-in-class products, market leading innovation, operational excellence and outstanding service. The company’s vision is to make lives healthier by helping people enjoy fruit and vegetables at any moment, easily, quickly and pleasurably, whilst fostering nature. With approximately 9,000 employees operating in 23 countries worldwide, Greenyard identifies its people, and customer and supplier relationships, as the key assets which enable it to deliver goods and services worth around US$4.8 billion per annum.
Our role in the transaction
Oaklins’ team in Belgium advised Greenyard and acted as joint global coordinator and joint bookrunner in this transaction.
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