Network Corporate Finance acted as exclusive debt advisor to the shareholders and management on a recapitalisation of EUROtops group.
|Industry:||Retail & eCommerce|
|Project type:||Debt Advisory|
EUROtops group has been recapitalised by term loans and a revolving credit facility provided by a banking consortium comprising of National Bank AG and HYPO NOE Gruppe Bank AG. The recapitalisation is an important milestone to facilitate further growth of the group.
EUROtops group is one of the leading European mail-order companies for impulse buying products focused on the growing age 60+ target group (“silver buyer”). The company was founded in 1990 and currently operating in 6 countries. The group generated with 110 employees revenues of c. EUR 60m in 2015.
For additional information on EUROTOPS: www.eurotops.de