Groupe Berkem announces its planned IPO on Euronext Growth® in Paris
Olivier Fahy, Chairman and Chief Executive Officer of Groupe Berkem, stated: “At a time of tremendous environmental challenges in a world that requires ever growing volumes of chemicals, Groupe Berkem supports the transformation of conventional chemicals into bio-based solutions. Positioned as an expert in green chemicals for over 25 years, Groupe Berkem contributes to the ecological transition with bio-based products, with the sole aim of integrating bio-based chemicals into everyday lives. Our expertise enables us to identify, extract and formulate natural active ingredients from plant raw materials to serve manufacturers in the healthcare and public hygiene, cosmetics, food and beverages and construction industries. We are developing new technologies which are disrupting the Chemicals industry, consisting of creating so-called “boosters” from plant-based extracts that can make synthetic products more effective, while reducing the quantities required, as well as the risks for humans and the environment. This IPO will enable us to accelerate our international expansion, bolster our product portfolio, continue to make selective M&A, serve new high-potential markets and optimise the Group’s financial structure.”