on Veganz Group AG (isin : DE000A254NF5)
Veganz and DelMorgan Finalize Hybrid Equity Bond Agreement
Veganz Group AG has finalized an agreement with US investment bank DelMorgan to issue a hybrid equity bond. This venture is supported by Sterling Atlantic LLC, which recently committed €10m to Veganz. The bond aims to fund new production facilities, boosting capacity and international reach for Veganz's unique product lines such as Mililk®, Peas On Earth® pea meat, and OrbiFarm®.
Sterling Atlantic and DelMorgan will leverage their extensive investor networks to launch the bond in the coming weeks. This move is expected to provide long-term financial stability for Veganz’s growth ambitions.
Jan Bredack, founder and CEO of Veganz, highlighted that this partnership ensures solid financing for scaling up product innovations and expanding Veganz's market position.
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