Emeco (ASX:EHL) has announced the successful completion of its retail offer.
The Earth moving equipment company has raised $13 million at a price of 25 cents per share.
The offer .
An institutional offer raised around $77 million, taking the total proceeds to about $90 million.
The issue of new shares under the offer is scheduled for the 25th of May.
Shares in Emeco (ASX:EHL) are trading 2.38 per cent higher at 32 cents