| Project Detail |
Provision of a EUR 5m long-term loan (the "Loan") to Aquila Part Prod Com SA ("Aquila") and concluding a EUR 5m call option to buy from Aquilas founding shareholders a number of shares in Aquila up to the value of the loan disbursed, at a pre-agreed strike price.
Project Objectives
The proceeds from the Loan will enable Aquila to finance the expansion of its own brands portfolio, new warehouse automation, a new ERP system, as well as other working capital and capital expenditures needs. These investments will improve the reach of Aquilas own brands, as well as improve warehouse productivity and help the company enhance its digitalisation. |
