New sign of confidence in the Company’s business and industrial growth plan
•Black Toro Capital’s investment amounts to 40 million Euros in the Company so far this year with the aim of promoting its industrial growth.
•Before the 20th October, Carbures will decide which financial formula to execute in order to make the investment effective: an increase in capital or a loan convertible in shares
Madrid, 1st September 2015-. Black Toro Capital (BTC) reiterates its confidence in Carbures as a strategic financial partner. The investment fund specialised in the growth of medium-sized Spanish businesses, which currently holds 7.04 per cent of Carbures’ capital, has signed a new investment agreement with the industrial group specialised in the manufacture of parts and structures using compound materials, such as carbon fibre, for which it will invest 30 million Euros in the Company before the 20th October.
According to the signed agreement, BTC’s contribution of 30 million Euros will be