CMS is advising Cenkos Securities (“Cenkos”) in its capacity as Nominated Adviser and corporate broker to RM2 International, S.A. (“RM2”), which has announced its intention to float on AIM. In conjunction with its admission to AIM, Cenkos is advising RM2 on an institutional placing to raise £137.2 million at a placing price of 88 pence per share, giving RM2 an anticipated market capitalisation on admission of £278.3 million. This makes RM2’s IPO the biggest float to be announced on AIM this year. Admission is expected to occur on 6 January 2014.

RM2 specialises in pallet development, manufacture, supply and management and was founded in Luxembourg in 2007 with a strategy to improve the supply chain of manufacturing and distribution businesses through the effective and efficient use and management of composite pallets.

The CMS team advising Cenkos was led by Corporate Partner, James Parkes, assisted by associate Henry Wood.

Dentons (Neil Nicholson) is advising RM2.