Cederquist has advised Ellos Holding AB (publ) (“Ellos Group”) in connection with Ellos Group’s IPO on Nasdaq Stockholm, Main Market. The price in the IPO was set at SEK 60 per share, which corresponds to a valuation for all shares in Ellos Group of approximately SEK 1,485 million. The offering was directed to the general public in Sweden and Norway as well as to institutional investors in Sweden and, with certain exceptions, abroad.
Ellos Group is one of the leading Nordic online shopping destinations for fashion and home interior. The group’s online stores Ellos, Jotex and Homeroom have strong market positions in the Nordic region in their core customer segment, midlife women. The customer offering is supported in Sweden, Norway, Denmark and Finland by Ellos Group’s own integrated payment and financing solution, Elpy. Further information about the IPO and Ellos Group is available on the company’s website, www.ellosgroup.com.
Cederquist’s team consisted among other of Fredrik Lundén, Filip Gyulai, Louise Génetay, Hilma Meiby and Alma Zetterlund (Public M&A and Equity Capital Markets), Pontus Röckert and Isabel Rosvall (Private M&A) and Per Henriksson, Camilla Hedner and Axel Brismar (Banking & Finance).
Congratulations to the Ellos team!