Rutgers & Posch advised Accsys Technologies, listed on Euronext Amsterdam and AIM London, on its equity raising through an accelerated bookbuild offering and open offer in the aggregate amount of EUR 37 million. Rutgers & Posch acted alongside Slaughter and May as international counsel. Numis Securities, Investec Bank and ABN AMRO Bank acted as joint bookrunners in relation to the equity raise.
Accsys Technologies combines chemistry, technology and ingenuity to make high performance wood products that are extremely durable and stable. It has its headquarters in London and production plants in, inter alia, Arnhem, the Netherlands. The proceeds of the equity raise will be used to fund the expansion of the business into North America.
The Rutgers & Posch capital markets team consisted of Matthijs van den Broek and Henriette van Overklift.