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.
Talk to the deal team
Related deals
Toivo Group has succesfully transferred to the Main Market of Nasdaq Helsinki
Toivo Group Plc has taken a significant strategic step by transferring to the Main Market of Nasdaq Helsinki. This move supports the company’s ambition for sustainable growth and reinforces its position as a key player in the Finnish residential development sector.
Learn moreNational World PLC has been acquired by Media Concierge Holdings Ltd
Media Concierge has acquired National World a UK-based multimedia company with a diverse portfolio of regional and national digital and print brands. The acquisition marks a new chapter for National World, which publishes over 100 regional news brands, including The Yorkshire Post and The Scotsman. Media Concierge, owned by Malcolm Denmark, has stated its intention to support National World's existing model of building a sustainable and independent news business.
Learn moreTrodo has secured financing from SEB Bank to buy out minority shareholder
Trodo, a leading e-commerce brand for automotive spare parts and accessories, has successfully secured a senior debt facility from SEB Bank. The financing enabled the company to buy out its Norwegian shareholder, a long-term business partner who played a pivotal role in establishing Trodo’s operations in Norway during its early years.
Learn more