Stock offering and NewConnect listing

Eskimos S.A. is a major producer of frozen fruit and vegetable products with a wide range of products in Poland and in the European market. It owes this to high quality raw materials, which come from Polish organic plantations and places uncontaminated by industry. Eskimos has a modern production facility located in Sokółka. Most of Eskimos S.A.’s production is exported. Recipients of Eskimos S.A. products are leading international food companies, which include Frosta, Bonduelle, Ardo Group, Frenzel, and Jütro Jessen. In domestic sales, Eskimos focuses on working with the most demanding customers in the industry, including baby food manufacturers such as Nutricia Poland. The company has been recognized with prestigious awards such as Business Gazelle, Transparent Company, and Forbes Diamond.

Deal timeline

• July 2010: Eskimos completed the private placement of Series C shares, raising more than PLN 0.5 million.
• August 2010: Eskimos shares debuted on NewConnect, making it the 155th company listed on that alternative trading system.
• August 2010: the shares closed their first session at PLN 0.96, more than 10% above the issue price.

Service: NewConnect projects