Vetropack Holding AG announced that it has received CHF 116.82 million in funding from Cornaz AG-Holding
Vetropack Holding AG announced a private placement of 1,980,000 shares at a price of CHF 59 per share for gross proceeds of 116.82 million on September 8, 2021. The transaction included participation from Cornaz AG-Holding and individual investor, Jean-Luc Cornaz whichhas taken 800,000 registered A shares. Both Cornaz AG-Holding and Jean-Luc Cornaz undertook not to sell any Vetropack shares for the next twelve months (lock-up).