Go to deals
Consumer & Retail | Industrial Machinery & Components

Xeros Technology Group has closed a placing and open offer

Xeros Technology Group Plc. has successfully raised funds to support business activities.

Xeros Technology Group is a developer and licensor of technologies to reduce the environmental impact and cost of clothing and fabrics. Xeros’ patented XOrbTM technology significantly reduces the amount of water used in the washing or dyeing of soft substrates such as garments and fabrics. This enables the remaining water to become far more efficient and effective in either affixing or removing molecules, the result being improvements in economic, operational, product and sustainability outcomes. The group is applying its technology in the fields of cleaning, tanning and textiles.

Oaklins Cavendish’s sister firm finnCap, based in the UK, in its role as broker and financial advisor, advised Xeros’ management team and shareholders all the way from the start to the successful completion of the transaction. This is the third equity raise advised by the team in under two years.

Funding, debt advisory & ECM

Talk to the deal team

 Peter  Gray

Peter Gray

London, United Kingdom
Oaklins Cavendish

Related deals

Change Financial (ASX:CCA) has raised US$4 million
Financial Services

Change Financial (ASX:CCA) has raised US$4 million

Change Financial has completed a capital raise to help accelerate product enhancement, repay its debt, provide working capital and cover the costs of the offer.

Learn more
Sandvik has acquired Portugal-based Frezite
Industrial Machinery & Components

Sandvik has acquired Portugal-based Frezite

Walter, a division of Sandvik Manufacturing and Machining Solutions, has acquired Portugal-based Frezite, a family-owned polycrystalline diamond (PCD) tool manufacturer.

Learn more
Dan Deal has been acquired by Shufersal
Consumer & Retail

Dan Deal has been acquired by Shufersal

The owners of Dan Deal have sold the company to Shufersal.

Learn more