Ekopak announces its intention to raise gross proceeds of €50 million through the issue of new shares pursuant to a private placement to qualified investors followed by a listing of its shares on the regulated market of Euronext Brussels.
WaaS NV enters into a new WaaS contract with Takeda, for its production site in Lessines, Belgium. The contract covers the annual reuse of 600,000 m3 of waste water.
Ekopak sets private placement price at €14.00 per share, implying a total market capitalization of approximately €201 million. The total size of the private placement, including a partial exercise of the Increase Option and including the placement of the Additional Shares (473,214 existing Shares), amounts to approximately €60 million. The listing and trading of the shares on Euronext Brussels starts.
Following the exercise of the “Over-allotment Warrant” and the resulting capital increase, Ekopak’s share capital amounts to €6.7 million.
Ekopak joined the UN Global Compact on April 19 of 2021, as it provides an excellent framework to offer support and structure to our process of integrating sustainability into our business strategy and operations.
Ekopak announces the integration of iServ, a specialized service provider for water treatment and sector partner.
Vynova, an international chemical company active in the production of PVC and chlor-alkali products, signs a contract with Ekopak for the construction and installation of a demineralisation plant that will supply the Vynova site in Tessenderlo (Belgium) with over one million cubic metres of pure and sustainable process water per year.
Ekopak sets up Ekopak France with the opening of two branches in France: the first in Rouen (focussing on projects in northern France, including the industrial areas of Lille, Paris, Metz, Rennes and Nantes.), the second in Lyon (focussing on central and southern France).
Ekopak publishes its interim results for the six months of 2021, indicating that the strategic transition to Water-as-a-Service (WaaS) business model gets off to a flying start with a 25.4% increase in WaaS business revenue.
Several new WaaS-projects are announced on Ekopak’s web site, including a full redesign of the water treatment facility of the Brussels university hospital, UZ Brussel, as well as a water treatment system for the Lahore facility of the Sapphire textile group in Pakistan, as part of a larger project of Vyncke, a company headquartered in the same region as Ekopak.
Ekopak announces to be the official co-title shirt sponsor of the international cycling team Quick Step – Alpha Vinyl, with top riders including Julian Alaphilippe, Remco Evenepoel, Kasper Asgreen and Fabio Jakobsen. Few days after this announcement, the French rider Julian Alaphilippe wins the world championship. In his rainbow shirt, Alaphilippe will play an excellent ambassador’s role for Ekopak’s growing business in France and beyond.
Ekopak initiates its plan to optimize the legal structure for the group, with a proposed merger by acquisition between Ekopak NV, the acquiring company, and on the other hand, Water-as-a-Service NV and iSERV as the companies to be acquired.