Lucas Bols to launch Amsterdam IPO

Dutch spirits supplier Lucas Bols has announced plans to raise around €125 million by launching an Initial Public Offering and listing on Euronext Amsterdam. 

The 440-year-old firm, which supplies Bols Liqueurs and Bols Genever, plans to use proceeds of the sale to ‘refinance the company and further strengthen its financial position.’

Huub van Doorne, CEO Lucas Bols, said: “We see the intended IPO as a logical next step in the development of our company. After our buy-out in 2006, we have developed strong market positions in Western Europe and North America and a significant presence in Asia-Pacific and emerging markets. Our innovative marketing approach to optimise the brand portfolio creates valuable brand ambassadors around the world.

“Our current main shareholder AAC Capital has supported us in our strategy to focus on brand building and innovation. The company is now fully prepared for a standalone future with an enhanced capital markets profile to support our international growth strategy. We look forward to this next step in our development.”

The company says the listing will take place ‘in the near future, subject to market conditions’.