Newtree Impact begins to provide the means for its transformation
The investment company Newtree Impact has carried out a first fundraising from existing and new shareholders, including a few big names.
Newtree Impact, the Brussels-based SME active in eco-responsible food which has converted into investment company with positive impact on the climate, has just completed the first financial step of its metamorphosis.
The company listed on the Access market of Euronext Brussels raised, within the framework of the authorized capital, 1.6 million euros. Objective: prime the pump and start investing before organizing a biggest harvest of funds from professional and institutional investors in some months.
Ten new investors
The capital increase has been completed priced at 2.62 euros per share. By comparison, the previous operation of its kind, in June 2020, was carried out at a unit price of 1.55 euros. About fifteen investors have subscribed to it, including five existing shareholders and ten new ones.
“All of these people are motivated by our positioning on climate issues and want to act to move the lines.”
Among the regulars are the CEO Benoît de Bruyn, as well as two directors, Raymond Vaxelaire and Thibaud de Saint-Quentin. Robin claessens, the manager of Newtree Impact’s new Chocolate division, also participated in the transaction, as did Whitestone Partners, the impact holding company that recently took control of Evadix.
New shareholders have all invested personally, although most of them are from the business world. We find in particular Gregoire Dallemagne, CEO of Luminus, Yvan Verougstraete, the managing director of Medi-Market, or Guillaume van Rijckevorsel (Darts-ip) and Nicolas Saillez, the head of mergers and acquisitions at D’Ieteren. “All these people are motivated by our positioning on climate issues and want to act to change the lines”, underlines CEO Benoît de Bruyn.