Euronext today welcomed water treatment specialist BIO-UV to Euronext Growth in Paris.
BIO-UV Group designs, manufactures and markets innovative ultraviolet (UV) water disinfectant systems. Its state-of-the-art products help to address health, economic and environmental issues. Thanks to its innovative system, the company has obtained two types of approval (OMI and USCG), which enables it to offer its customers a powerful competitive edge.
The Group was founded in 2000 with the launch in France and Europe of its BIO-UV concept – automatic non-chlorine water treatment for private pools and spas – to target the ‘recreation’ market (private and public pools and spas). Today, BIO-UV Group has marketing operations (directly or via its partners) in 65 countries.
BIO-UV Group (ticker symbol: ALTUV) was listed through the admission to trading on 10 July 2018 of 7,789,295 shares making up its capital, including 2,601,810 new shares issued through a Global Offering[1], after the full exercise of the extension option and before the potential exercise of the over-allotment option.
At the listing ceremony, Bio-UV CEO and founder Benoit Gillmann said: “We are proud to announce the success of our initial public offering and would like to sincerely thank our reference shareholders (Soridec, Naxicap and ACE Management) for their support, as well as all the new shareholders, institutions and private individuals, who have put their faith in us. I would also like to extend my warmest thanks to all the loyal employees of BIO-UV Group, who, through their daily commitment, contribute to the company’s success in France and abroad since nearly 20 years. The funds raised will allow us to accelerate our momentum and seize all opportunities that present themselves, both on our historical markets and the ballast water treatment market, which is set to see major growth.”
[1] The Global Offering was made up of a Public Offering that included an Open Price Offer (OPO) and a Global Placement with institutional investors in France and other countries.
