The share capital increase will be carried out by issuing one billion new shares having a nominal value of RON0.15 per share to be distributed free of charge to the company’s shareholders. The share capital increase will be carried out by partially incorporating the issue premiums to sustain the company’s current activity.
The measure will be discussed at the general meeting of shareholders on February 23, 2022.
Following this operation, Alin Adrian Dociu and Constantin Catalin Vasile will each hold 33.3% of the company’s share capital.
Aquila Part Prod, listed on the Bucharest Stock Exchange in 2021, attracted RON367 million in 2021 through an initial public offering (IPO) aimed at increasing the share capital. The IPO was carried out between November 8 and 16.
Aquila was established in November 1994 as an entity specialized in integrated services of distribution of consumer goods and logistics. Since 2001, the company has expanded in the Republic of Moldova by setting up the distribution company Trigor AVD. Aquila is currently the market leader in the field of consumer goods distribution, having 14 distribution centers, four logistics centers, the largest distribution fleet in Romania – 1,647 vehicles, a network of 67,000 points of sale, a storage infrastructure of 120,000 sqm and a team of 3,000 employees.
The company provides distribution services both in traditional retail (wholesale, local trade, pharmacies and pharmacy networks), for hypermarkets and gas station chains, as well as in the hospitality industry. Aquila also provides logistics services and international transport of goods with European coverage. The company has developed and sells its own products such as frozen vegetables and meats, semi-prepared and fish products. The Aquila team is considering continuing the development process of its own brands, also entering the area of processed fruits or healthy food.
Aquila ended the first nine months of 2021 with revenues worth RON1.3 billion, up 19% on the year, and a net profit of RON43.8 million, 21.5% higher than in the same period of 2020.