Completion Date
May 2007
Transaction Type
IPO
Transaction Value
€64 million
Lead Partner
Marcin BaĆkowski
Telephone +48 22 236 9200
Background
IPOPEMA acted as Lead Manager and financial advisor, placing new shares and shares owned by financial investors
What Difference Did We Make?
One of the first IPOs of foreign companies at WSE. ACE is headquarter in Luxembourg, having plants in Spain and in Poland. Financial investors (mainly private equity house Innova Capital) sold significant stake in ACE. The overallotment option and stabilization were implemented in the offer structure - one of the first cases in the history of private IPOs in Poland.