(AOF) – Vinpai, specialist in the design, manufacture and marketing of functional ingredients based on algae and plants for the food and cosmetics industries, announces the success of its IPO on the market Euronext Growth. In this context, the company has decided to issue 1,068,701 new ordinary shares, representing a capital increase of approximately 7 million euros, ie the maximum envisaged. Vinpai notes the great success of the operation with individuals with a request of more than 1 million euros.
“This new structuring step will make it possible to accelerate the development of Vinpai, and to support our BtoB customers in order to enable them to respond to the growing concerns of consumers in the face of the challenges posed by current consumption patterns, both in terms of health and well-being than from an environmental point of view”, declare Cyrille Damany, President and Co-founder of Vinpai, and Philippe Le Ray, Managing Director and Co-founder.
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