Swedish poultry products processor Scandi Standard has announced it is planning an initial public offering on the Nasdaq in Stockholm.

The offer is for a 45% share in the business and the firm said it expected to sell its shares at SEK 33-40 per share, corresponding to a market value of Scandi Standard’s shares of approximately SEK2.05-2.4bn (US$309.2-362m).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The compay, owned by UK private-equity firm CapVest and Swedish agrifood group Lantmannen, added the stake could be increased to 65%, if the “principal owners decide to increase the offering”.

Scandi Standard posted net sales of SEK5.2m for 2013 and an operating profit adjusted for non-recurring items of SEK479 million.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now