Ladder manufacturer goes public
Just a few days before the stricter reverse listing rules are set to come into force, Brabant-based scaffolding and ladder manufacturer Alumexx is set to become publicly held by acquiring the ‘empty’ listed company Phelix.
Investment fund goes public
South-African investment fund Reinet Investments makes its debut on the Amsterdam exchange. With this new listing, Reinet hopes to gain access to a new group of European investors.
Guest parent agency to fair
Gastvrij Nederland, the Netherlands’ tenth largest host parenting agency, will be listed on the Amsterdam Stock Exchange. The going public will take place through a so-called reverse listing, with Gastvrij Nederland taking over the listing from the empty Lavide stock fund.
Update: Gastvrij Nederland was delisted again during 2018 following disagreements with parent company Lavide, after which the listing has returned to holding company Lavide, as far as is known.
Silent IPO for real estate fund
Nepi Rockcastle, a real estate fund from South Africa, which mainly operates in Central and Eastern Europe, is set for a silent IPO on the Amsterdam exchange.
Construction company VolkerWessels returns to the exchange
VolkerWessels, which was also listed between 1990 and 2003, returns to the Amsterdam exchange. The construction company from Rijssen, Twente, employs 16,000 people and mainly operates in the Netherlands, England, Germany and North America.
Update: after a successful takeover bid from Reggeborgh, the investment fund of the Wessels family, VolkerWessels went private again in March 2020.
Tech company VEON goes public
VEON, originally from Russia, becomes listed on the Amsterdam exchange. The international technology company, which employees more than 40,000 people all over the world, goes public in Amsterdam because the head office is located here.
TOM calls it quits
The alternative Dutch derivatives exchange The Order Machine (TOM) is closing. TOM was founded in 2009 by online broker BinckBank and trading firm Optiver, who were dissatisfied with the high trading rates charged by Euronext, but has been forced to close after no new owner could be found.
READ MOREIPO for bioplastics developer
Avantium, a chemical company known for its bioplastics, is launching an IPO on the Amsterdam exchange. Having split off from Shell in 2000, the company was forced to call off its IPO at the last minute in 2007. The second attempt today is successful.