Avantium’s €45 Million Capital Raise

NautaDutilh assisted ABN AMRO Bank N.V., Joh. Berenberg, Gossler & Co. KG, Bryan, Garnier & Co Limited, and Bank Degroof Petercam SA/NV in the transaction.

Avantium completed a capital raise by means of a public offering of shares with a priority allocation period for its existing shareholders, a retail offering and a private placement, for an amount of EUR 45 million. 

Avantium is a leading technology development company and a forerunner in renewable chemistry. It develops novel technologies based on renewable carbon sources as an alternative to fossil-based chemicals and plastics. The proceeds of the capital raise are used for, among other things, investments in the commercialisation of Avantium’s technology programmes, such as their innovative plantMEG™ technology. This technology is used to produce plantMEG, which is a vital ingredient in the production of polyesters widely used in textiles and packaging. 

The team consisted of Antonia Netiv (Picture), Sabrina Legerstee, Maaike Lelifeld, Petra Zijp, Thyla Fontein-Streefkerk, Marko Heezen (Capital Markets), Nina Kielman, Ashley Beesemer (Tax), Jolize Lautenbach, Stephan Sluiter, Keri van Ettekoven (Public law & Regulatory), Jeroen Boelens, Michelle Slimmen (IP), Jaco Belder, Martijn Vreuls (Finance), David Wumkes, Redmar Warning (Real Estate Notarial) and Ramon Pop (Lease).

Involved fees earner: Ashley Beesemer – NautaDutilh; Jaco Belder – NautaDutilh; Jeroen Boelens – NautaDutilh; Thyla Fontein-Streefkerk – NautaDutilh; Marko Heezen – NautaDutilh; Nina Kielman – NautaDutilh; Jolize Lautenbach – NautaDutilh; Sabrina Legerstee – NautaDutilh; Maaike Lelifeld – NautaDutilh; Antonia Netiv – NautaDutilh; Ramon Pop – NautaDutilh; Michelle Slimmen – NautaDutilh; Stephan Sluiter – NautaDutilh; Keri van Ettekoven – NautaDutilh; Martijn Vreuls – NautaDutilh; Redmar Warning – NautaDutilh; David Wumkes – NautaDutilh; Petra Zijp – NautaDutilh;

Law Firms: NautaDutilh;

Clients: ABN AMRO Bank N.V; Bank Degroof Petercam ; Bryan, Garnier & Co; Joh. Berenberg, Gossler & Co. KG;

Naoual Sadouqi

Author: Naoual Sadouqi