Athens, 10 May 2021 - Karatzas & Partners acted as Greek legal advisor to Viohalco S.A. (Viohalco) in connection with the accelerated bookbuild offering of 25 million shares, representing 6.66% of the total share capital of ElvalHalcor S.A. (ElvalHalcor). As a result of this transaction, Viohalco’s gross proceeds amount to EUR 50 million, whilst the free float of ElvalHalcor shares amounts to 15.22%.
Listed on both Euronext Brussels and ATHEX, Viohalco is the Belgium-based holding company of a number of leading metal processing companies in Europe. ElvalHalcor is a leading global industrial producer of aluminium and copper, incorporated in Greece and listed on ATHEX.