Arcus is valued at two billion before the ipo – Newspaper

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Brennevinsprodusenten Arcus is valued to be between 1,95 and 2.25 billion. The company is seeking listing on the stock exchange from 1. December.

the Shares will be sold for between 39 and 45 dollars per unit, type the Arcus in a press release. The Swedish investment company Ratos, which owns 83 per cent of Arcus, comes in the first instance to lay out the 27 per cent of the shares in the company for sale. A total of between 36 and 65 per cent of the shares in Arcus put out.

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the Arcus will in addition conduct issue that can increase the value of 775 million. The company can then end up with a value of over 3 billion.

An ipo good for the company’s growth in the future. We have many strong globally, and we are now beginning to see the results of the changes we have made in the last few years and look forward to develop ourselves further as a listed company, “says Arcus’ president and ceo Kenneth Hamnes in a press release.

In the Uk the Arcus leader in the sale of wine and spirits. Arcus has subsidiaries in Denmark, Sweden, Finland and Germany. Some of the company’s brands include Old Opland, Braastad Cognac and take care of your mother vodka. (©NTB)

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