Grup Serban Holding, a Romanian entrepreneurial company active in several fields in the agricultural sector, has attracted RON12.7 million from capital market investors. The funds will be invested in the irrigation systems, the development of regenerative farming practices, the development of storage capacity, the expansion of poultry farming areas, as well as the purchase of a new bakery line and the launch of new products.
Grup Serban Holding carried out a private placement of shares on December 8, 2021, in which 80 investors had participated, of which 18 qualified investors and 62 retail investors. The company issued 5,974,247 shares in the share capital increase operation, with a nominal value of RON1, at a price of RON2.12 per share. The private placement and the listing were made with the support of TradeVille.
Grup Serban Holding aims to continue using the financing mechanisms through the capital market for the further development of the company’s business lines.