- Nineteenth listing of 2021 on Borsa Italiana’s AIM Italia
- Compagnia dei Caraibi brings total number of companies listed on Borsa Italiana’s AIM Italia to 150
- Total placement volume of the offering equal to €13.8 million
Milan – 28 July 2021 – Borsa Italiana, part of the Euronext Group, today congratulates Compagnia dei Caraibi on its listing on Borsa Italiana’s AIM Italia.
Compagnia dei Caraibi represents the nineteenth listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium sized companies and it brings the total number of firms currently listed on AIM Italia to 150.
In the placement phase, Compagnia dei Caraibi raised €12 million, excluding the potential exercise of an over-allotment option. In the case of full exercise of the over-allotment option, the total amount raised will be €13.8 million. The free float at the time of admission was 23.32% and the market capitalisation at IPO was €43.7 million.
Edelberto Baracco, CEO of Compagnia dei Caraibi, said: “With the listing today, we want to consolidate and give further momentum to the developments of the last eight years. We started with the goal to anticipate and build trends in the premium spirits market in Italy. We are now working on exporting our model abroad, by focusing on proprietary brands such as Riserva Carlo Alberto. The growth of our company is also due to a flexible model, which has responded promptly to new challenges, including the COVID-19 pandemic. Through the listing on Borsa Italiana, we have changed our company into an S.p.A. with the status of a Benefit Company, which allows us to confirm what we have always believed in. We are presenting ourselves to the capital markets with an ambitious and sincere equity story and we would like to contribute to the development of our projects, and benefit our future shareholders, stakeholders, employees and community.”
Caption: Edelberto Baracco, CEO of Compagnia dei Caraibi, rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.
Compagnia dei Caraibi
Compagnia dei Caraibi is a company founded in Vidracco (Turin) in 2008. It is active in the worldwide import and distribution of spirits, wines and soft drinks, including rum, gin, vodka, whisky, tequila, sodas, water and champagne. The portfolio consists mainly of ‘Premium’ and ‘Super Premium’ products. Today, Compagnia dei Caraibi, whose roots date back to 1995, is one of the market’s most dynamic players, with rapid and constant growth and a catalogue of more than 800 products imported exclusively into Italy. This includes some of the market’s trendiest brands, such as Rum Diplomático, always listed among the Top Five Trending and Best Selling Brands, Rum Plantation, another product listed among the Top Five Trending and Best Selling Brands, and Gin Mare, one of Italy’s most popular premium gins. Compagnia dei Caraibi is committed to the community and working to improve the environment. Compagnia dei Caraibi believes that loyalty, honesty and sharing ethical values in business create wealth and added value for the individual and society.