Business in Ireland

• About this group
• Forums

• Home
• Groups
• Business in Ireland
• Forums
• Business News
• Aldi Invests 126m Euro in Ireland

• 
  Helena Deane    Group moderator

  The company name is only visible to registered members.

  Aldi Invests 126m Euro in Ireland

  The holding company for Aldi Stores (Ireland) Ltd has injected just over 126m euro into its Irish operations since November. Filings lodged at the Companies Registration Office show that the company recently allotted new shares to its British-based holding company, Aldi Stores Ltd, in two separate tranches in return for cash.
  
  On November 11th, 25 million new ordinary shares worth 2 euro each were issued and allotted, raising 50m euro for the Irish firm. Just over a month later, a resolution was passed to increase the firm's authorised share capital, enabling a second allotment of shares to take place, generating 76. 3m euro. The chain is planning to open 35 new stores in Ireland over the next three years.
  
  Irish Times
  
  • 04 Feb 2010, 11:43 am
  Helena Deane wrote: > The holding company for Aldi Stores (Ireland) Ltd has injected just > over 126m euro into its Irish operations since November. Filings > lodged at the Companies Registration Office show that the company > recently allotted new shares to its British-based holding company, > Aldi Stores Ltd, in two separate tranches in return for cash. > > On November 11th, 25 million new ordinary shares worth 2 euro each > were issued and allotted, raising 50m euro for the Irish firm. Just > over a month later, a resolution was passed to increase the firm's > authorised share capital, enabling a second allotment of shares to > take place, generating 76. 3m euro. The chain is planning to open 35 > new stores in Ireland over the next three years. > > Irish Times