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EnterNext, the Euronext subsidiary dedicated to promoting and growing its SME market, today welcomes R&S Retail Group (ticker symbol: RNS) on the Amsterdam market of Euronext.
R&S Retail Group acquires retail and fashion companies and creates value by optimizing the business processes, making use of the synergy and putting emphasis on the omnichannel approach. R&S Retail Group sees this tumultuous market with changing consumer behaviour, the further shift to the online market and the delayed reaction of existing players as a challenging environment to grow. R&S Retail Group is owner of the Dutch retail brand Miss Etam.
R&S Retail Group listed through the reverse takeover of Dico International, a company listed on Euronext Amsterdam.
Rens van de Schoor, CEO R&S Retail Group, said: “This challenging retail environment acquires an unusual consolidator to reshape the landscape. Our listing today therefore is an important milestone as it gives us opportunities for raising capital to finance the growth of the group.”
Maurice van Tilburg, CEO Euronext Amsterdam, said: “We’re happy that, with our offering, we’re able to support R&S Retail Group in realizing its growth plans. With this listing the company benefits from the financing options offered by the capital markets. Our EnterNext team will be at their disposal to support the company in its objectives.”
The company celebrated its listing on Euronext Amsterdam today by sounding the gong.
