• Issue of Bonds Convertible into Shares (OCA) after the capital increase operation that was the subject of the press release of December 8, 2022
• Consolidation of ALTHEORA’s strategic plan for 2026
The ALTHEORA Group, a French company specializing in the transformation of composite materials listed on Euronext Growth Paris (ALORA / FR0000061244), announces the finalization of a contract to issue convertible bonds for a total amount of €3.6 million with of two investors (Nextstage AM and Vatel Capital).
The Operation is part of the overall financing intended to support ALTHEORA’s strategic plan, “Inspire and lead industrial recovery” covering the period 2021-2026. The Group, European leader in the design and manufacture of parts in composite materials and polymers, aims to become the 1st efficient and responsible ETI, capable of generating sustainable growth and contributing to the re-industrialization of its territory, with the ambition to reach €100 million in revenue by 2026.
As part of the strategic plan, which mixes organic growth and external growth, ALTHEORA has acquired 100% of the capital of Chris-France Plastiques, a company expert in the development and production of large format thermoplastic injection parts, in a press release in dated December 20, 2022 (“ALTHEORA announces the acquisition of Chris-France Plastiques”).