Envipco

Carnegie Investment Bank is proud to have acted as sole bookrunner in connection with Envipco’s successful directed share issue, raising gross proceeds of EUR 15 million.
 
The Company is experiencing strong momentum with significant recent contract wins for reverse vending machine (“RVM”) deliveries in new deposit return scheme markets. Hence, the Company intends to use the net proceeds from the Private Placement to fund working capital investments, finance R&D investments, and market development investments related to selling or supporting the sale of RVMs worldwide.
 
Carnegie congratulates Simon Bolton, Derk Visser, Bob Lincoln, and rest of the Envipco team with the successful transaction and we look forward to continuing our support of Envipco going forward.