• About
  • Privacy & Policy
  • Contact Us
Procurement Nation
  • Home
  • Suppliers
  • Procurement
    • Shipping
    • Best Procurement Software
    • Supply Chain
      • What is supply chain management?
      • Tyson Foods Food Supply Chain
  • Markets
  • Banking
  • Cryptocurrency
  • Contact Us
No Result
View All Result
  • Home
  • Suppliers
  • Procurement
    • Shipping
    • Best Procurement Software
    • Supply Chain
      • What is supply chain management?
      • Tyson Foods Food Supply Chain
  • Markets
  • Banking
  • Cryptocurrency
  • Contact Us
No Result
View All Result
Procurement Nation
No Result
View All Result

UPDATE 1-Logistics parks company CTP to seek Amsterdam listing

Mark White by Mark White
September 29, 2021
in Logistics
0

(Adds detail)

AMSTERDAM, March 4 (Reuters) – CTP BV, an owner and operator of logistics parks in Central and Eastern Europe, is planning a share issue and listing on the Euronext stock exchange in Amsterdam, it said on Thursday.

The company, founded in the Czech Republic, said in a statement that it would seek to raise between 800 million and 1 billion euros ($1.21 billion) in an offering of shares to institutional investors, with the proceeds used to fund debt repayment and property acquisitions.

CTP said it expects to launch its offer “in the coming weeks”, subject to market conditions.

In a fact sheet, CTP said it had pretax profit of 290 million euros in its most recent reporting year and 400 employees.

CEO Remon Vos said the sector, which offers space for transportation and distribution operations, is benefiting from growth in e-commerce, which has been amplified by the COVID-19 pandemic.

“We believe our combination of scale, experience and strong growth perspective make CTP a compelling investment opportunity,” he said.

CTP operates 28 large logistics parks in countries including Czech Republic, Romania, Slovakia and Hungary, making it the largest such operator in Eastern Europe, it said. ($1 = 0.8294 euros) (Reporting by Toby Sterling Editing by David Goodman )

]

Source link

Previous Post

Next raises profit outlook but warns on Christmas deliveries

Next Post

Supply Chain Issues Stretch Into Sweatpants and Sofas – Bloomberg

Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

Next Post

Supply Chain Issues Stretch Into Sweatpants and Sofas - Bloomberg

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About
  • Privacy & Policy
  • Contact Us
Call us: +1 234 JEG THEME

© 2021 Procurement Nation - Supply Chain & Logistics News

No Result
View All Result
  • Procurement
  • Supply Chain
  • Logistics
  • Science
  • Technology

© 2021 Procurement Nation - Supply Chain & Logistics News