Douwe Egberts goes public for the third time
Douwe Egberts, now a subsidiary of the American-German-Dutch company JDE Peet’s, is set to make its second return onto the Amsterdam exchange. The coffee company made its first appearance at Beursplein 5 in 1982. Because its former American parent company, which would later be known as Sara Lee, decided to delist the company shortly after, its initial run on the exchange only lasted until 1984.READ MORE
Gong ceremony suspended
Following the outbreak of the corona virus, the Amsterdam exchange has decided to temporarily suspend the daily gong ceremony. The company also closes its doors to visitors. Trading however continues, resulting in unprecedented activity levels and major slumps, especially at the start of the crisis.
CM.com goes public
After the Breda technology company CM.com was forced to abandon its plans for an IPO in 2019 due to disappointing market conditions and a lack of interest, it finally makes its debut at the Amsterdam exchange today. CM.com, which mainly helps companies such as IKEA and Albert Heijn communicate with its customers via text messaging and WhatsApp, goes public to raise capital to develop new activities, such as ticket sales for major events and mobile payment services.READ MORE
Recycling firm Renewi listed on the Amsterdam exchange
Anglo-Dutch waste processor Renewi is to be listed on the Amsterdam exchange. The company, which was created in 2016 after a merger between the British Shanks and the Dutch Van Gansewinkel, is already listed on the London Stock Exchange. No new shares will be issued. The purpose of the second listing in Amsterdam just before Britain’s exit from the European Union is to increase interest in the sustainable nature of the business among Benelux investors, where the company has the largest presence. Via this detour, Van Gansewinkel has finally managed to make it to Beursplein 5 after almost 10 years.