International law firm Clifford Chance advised Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry listed on the regulated market of Euronext Brussels, on its EUR 200 million capital increase pursuant to the successful placement of 10,075,566 new shares via an accelerated bookbuilding.
Clifford Chance has previously advised Azelis on multiple financing transactions, including its 400 million debut bond offering in March 2023, as well as in relation to the company’s IPO on Euronext Brussels in September 2021. This latest capital increase strengthens the companyâs ability to commit to its disciplined approach for bolt-on acquisitions and accelerate its growth strategy.
The Clifford Chance team advising Azelis on the capital increase was led by Brussels partner Niek De Pauw, and consisted of counsel Valérie Demeur, and associates Celine Feys and Valérie Ghysels. The team was further supported by partners Alex Bafi and Drew Rundus, and associate Garo Yaghsezian, advising on U.S. securities law aspects.