Capital/Financing Update • Dec 16, 2024
Capital/Financing Update
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ACOMO N.V. (Acomo), the Euronext Amsterdam-listed diversified, plant-based food ingredients Group, announced that it has extended the committed revolving credit facility under its main financing agreement.
The two-year extension from the end of 2025 to the of end 2027 applies to Acomo's committed revolving credit facility (RCF) of €360 million. All other terms remain in place, including the sustainability-linked features. Both the revolving credit facility and the existing term loan will now mature at the end of 2027.
Mirjam van Thiel, Acomo's CFO, commented: "We are pleased to have extended the maturity date of our revolving credit facility. This demonstrates the support and trust of our lender base and puts us in an excellent position for further growth, providing a strong financial foundation for the future development of the Group."
[end of press release]
For further information, please contact:
Mr A.W. Goldschmeding WTC, Beursplein 37 3011 AA Rotterdam The Netherlands
[email protected] Tel. +31 10 4051195
www.acomo.nl
Mr F.J.M. Witte, spokesperson Sophialaan 43 1075 BM Amsterdam The Netherlands
[email protected] Tel. +31 20 4525225
www.creativevenue.nl
ACOMO N.V. is an international group with as its principal business the sourcing, trading, treatment, processing, packaging and distribution of conventional and organic natural food products and ingredients. Our main trading subsidiaries are Catz International B.V. in Rotterdam, the Netherlands (spices and food raw materials), The Organic Corporation B.V. in Amsterdam, the Netherlands, and Tradin Organics USA LLC in Aptos, USA (organic ingredients), Royal Van Rees Group B.V. in Rotterdam, the Netherlands (tea), Red River Commodities Inc. in Fargo (edible seeds), USA, Red River Global Ingredients Ltd. in Winkler, Canada, Red River-van Eck B.V. in Etten-Leur, the Netherlands, Food Ingredients Service Center Europe B.V. in Etten-Leur, the Netherlands, SIGCO Warenhandelsgesellschaft mbH in Hamburg, Germany, King Nuts B.V. in Bodegraven (nuts), Delinuts B.V. in Ede, Delinuts Nordics AB in Malmö, Sweden, Tovano B.V. in Maasdijk, the Netherlands, and Snick EuroIngredients N.V. in Ruddervoorde, Belgium (food solutions). Acomo shares have been traded on Euronext Amsterdam since 1908.
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