Thursday, August 11, 2022
HomeeCommerceFurnishings vendor Hannun prepares to go public

Furnishings vendor Hannun prepares to go public


Spanish on-line furnishings vendor Hannun crafts wood furnishings from discarded wooden. So as to develop additional, the corporate has begun the method to affix BME Development. With the funds that this may increase, the corporate desires to amass companies that share its imaginative and prescient.

The web furnishings vendor Hannun was established in 2007, in Spain. It sells furnishings and handicrafts comprised of sustainable supplies. Its furnishings is crafted from discarded woods, akin to items which have fallen out of vogue, or wooden that’s left over after development.

Course of to affix BME Development began

In 2021, the corporate was generated a income of 4.09 million euros. Round 29 % of that income got here from worldwide gross sales. It has already held three funding rounds, which got here to a complete invested quantity of over 4.3 million euros.

‘The corporate generated a income of €4.09 million in 2021.’

The corporate will turn into listed on the expansion corporations market BME Development. In accordance with its revealed doc for incorporation, this can be carried out in two methods. Loans signed in 2021, that are price 3.78 million euros, can be capitalized in a non-monetary capital improve. Moreover, it would launch a share subscription supply for a most quantity of 8 million euros. Collectively, the method is anticipated to lift round 12 million euros.

Plans to broaden

With the itemizing, the corporate desires to speed up its progress by permitting a better influx of capital. With its natural progress and model advertising and marketing, it plans to develop geographically. It has additionally introduced plans to amass different corporations within the sector with the identical imaginative and prescient. Nevertheless, it’s unclear which corporations precisely can be acquired.



Most Popular

Recent Comments