ABG Sundal Collier acted as Joint Bookrunner in the SEK 5.3bn IPO of Cary Group

Cary Group, a leading vehicle glass repair and replacement provider that prolongs the life cycle of vehicles and maintains the safety features, has successfully completed its initial public offering on Nasdaq Stockholm. The Offering attracted very strong interest from large Swedish and international institutional investors as well as the general public in Sweden. The Offering was multiple times oversubscribed.
The IPO was priced at SEK 70 per share, corresponding to a market value for all outstanding shares of approx. SEK 9.2bn.
The IPO marks the 2nd time ABG Sundal Collier acts as financial advisor to Cary Group, having previously advised Cary Group (Ryds Bilglas) in the sale to Nordic Capital in 2017.
ABG Sundal Collier acted as Joint Bookrunner in the IPO.