Clifford Chance advises ABN AMRO and Rabobank on Lucas Bols' capital raise through an accelerated bookbuild offering to finance its intended acquisition of Tequila Partida
14 December 2021
Clifford Chance advises ABN AMRO and Rabobank on Lucas Bols' capital raise through an accelerated bookbuild offering to finance its intended acquisition of Tequila Partida
Clifford Chance advised ABN AMRO Bank N.V. and Coöperatieve Rabobank U.A. as Joint Global Coordinators and Joint Bookrunners on the EUR 29 million capital raise of Lucas Bols, a leading global cocktail and spirits player, through an accelerated bookbuild offering of 2,495,458 new shares. The new shares were placed at no discount to the closing price of the company’s shares listed on Euronext Amsterdam.
The net proceeds will be used to finance the intended acquisition of the ultra-premium Tequila Partida brand from the Shansby Trust and Edrington USA, Inc. and for the completion payment of the acquisition of Nuvo, with the remainder available for de-leveraging and general corporate purposes.
Clifford Chance's cross-border team consisted of Han Teerink, Polly Huls and Helen Liefting in Amsterdam, Alex Bafi in Paris and Laura Scaglioni in Milan.