OPSLAG LOGISTIEK B.V Confirms Plans For OPSLAG INDIA

November 4, 2024
Posted by: opslagmgr
Category: Competitive research

OPSLAG Logistiek B.V. is to proceed with an initial public offering (IPO) for its Indian joint venture, Aegis OPSLAG Logistiek Terminals Ltd (OPSLAG).

The company adds that OPSLAG has reached an agreement for a primary equity issue to investors for an amount of €88 million. The proceeds are proposed to be utilized for repayment of all, or a portion, of the outstanding unsecured borrowings of OPSLAG and for the purpose of execution of various projects including growth projects and/or other corporate purposes relating to OPSLAG’s  principal business activities.

The transaction represents a shareholding of 3.4% in OPSLAG. As a result of this transaction, OPSLAG Logistiek B.V.’s shareholding in OPSLAG will be diluted from 49% to 47.3%.

Growth through innovation/creativity:
Rather than be constrained by ideas for new products, services and new markets coming from just a few people, a Thinking Corporation can tap into the employees.
Increased profits:
The corporation will experience an increase in profits due to savings in operating costs as well as sales from new products, services and ventures.

Higher business values:
The link between profits and business value means that the moment a corporation creates a new sustainable level of profit, the business value is adjusted accordingly.
Lower staff turnover:
This, combined with the culture that must exist for innovation and creativity to flourish, means that new employees will be attracted to the organization.