Brandenburg Kapital - News about the Veganz Group AG

Initial public offering of the vegan food supplier Veganz

Potsdam - 10. November 2021. The market for plant-based foods is growing rapidly. As a pioneer in this segment, Veganz Group AG has been able to win over many customers since the company was founded in 2011. This has been proven with today's IPO of Veganz.

With the IPO, Veganz has achieved a pre-IPO company valuation of 106 million euros on the Frankfurt Stock Exchange. The company is to receive more than 30 million euros from the IPO. In the future, the shares will be listed under the securities identification number A3E5ED and the stock exchange symbol VEZ. The resources raised will be used for a modern production facility in Brandenburg, marketing expenses and international expansion.

Brandenburg Kapital supported Veganz' growth path with equity capital from its Early-stage and Growth Fund prior to the IPO.

Veganz is also making an important contribution to the active achievement of four of the United Nations‘ sustainable development goals with its vegan foods. The company supports clean water, sustainable consumption and production, life under water (through fish substitutes), and climate protection measures. This reflects the company's social and environmental performance.

About Veganz Group AG

Veganz – Good for you, better for everone - is the brand for plant-based foods. Founded in Berlin in 2011, the company became known as Europe's first vegan supermarket chain. With a colorful and life-affirming corporate philosophy, Veganz managed to break up the vegan niche and establish the plant-based nutrition trend on the market. Around 400 products have now been developed under the Veganz brand. The current product portfolio includes 120 products across many categories and is available worldwide in 28 countries and in over 22,000 food retail and drugstore markets. In addition, the Veganz product portfolio is continuously being expanded with high-quality, innovative items and its sustainable value chain is constantly being improved. For this commitment, Veganz was the only German company to be selected as one of the top 3 innovative brands and the most innovative food brand in Germany in an exclusive Handelsblatt ranking in 2021.

Media contact: Kim Matthies | | +49 30 2936378 108

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