SWITZERLAND - New Value backs CHF 7m Bogar expansion
New Value AG portfolio company Bogar AG, which is active in the animal health and nutrition industry, has completed a capital increase worth CHF 7 million.
The newly subscribed capital was received in cash and by conversion of existing loans. New Value subscribed to CHF 2.2 million, increasing its share in the equity of Bogar AG from 16.6% to 29.8%. The new financial resources will be used to consistently pursue the company's growth strategy, expand existing distribution channels, and drive the development of new products.
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