Beauty Packaging Staff12.03.19
Quadpack recently started trading on the Euronext Growth stock exchange in Paris, France. Following approval for direct admission by Euronext in October, the share price was €32.8 per share on the first day of trading, with a market capitalization of €138 million. The listing will broaden the company’s means to finance its double-digit growth, averaging approximately 20% over the last five years.
Quadpack first entered the stock market with a private listing on Euronext Access (then Marché Libre) on April 21, 2016 at €8.43 per share. Today, Quadpack’s share value has seen a four-fold increase in value. In the same timeframe, Quadpack has more than doubled its business, from a €55 million turnover at the end of 2015 to €130 million forecast for 2019.
Recent acquisitions include German packaging manufacturer Louvrette and German tech company Inotech.
With a public listing as a potential next step in its evolution, Quadpack will continue its growth strategy, which has led to its current status as one of Europe’s Top 10 beauty packaging providers, according to Quadpack CEO and co-founder Tim Eaves.
Quadpack first entered the stock market with a private listing on Euronext Access (then Marché Libre) on April 21, 2016 at €8.43 per share. Today, Quadpack’s share value has seen a four-fold increase in value. In the same timeframe, Quadpack has more than doubled its business, from a €55 million turnover at the end of 2015 to €130 million forecast for 2019.
Recent acquisitions include German packaging manufacturer Louvrette and German tech company Inotech.
With a public listing as a potential next step in its evolution, Quadpack will continue its growth strategy, which has led to its current status as one of Europe’s Top 10 beauty packaging providers, according to Quadpack CEO and co-founder Tim Eaves.
