The company designated BT Capital Partners as advisor and intermediary of its private placement that will address a maximum of 150 investors.
The company listed its first issue of corporate bonds in December 2020, worth EUR3 million. It plans to use the funds to support the development of the factory, the expansion of the production section and the construction of a new warehouse.
The company’s management plans investments of EUR16 million in the coming years, including the construction of a biogas plant and a system for the recovery and reuse of glass.
Agroserv Mariuta is fully owned by the Cocan family – with 98% owned by Madalina Cocan, company marketing manger, while her father Nicusor Serban and husband Adrian Cocan each own 1%.