Nasdaq (Nasdaq: NDAQ) announced that Dometic Group AB (short name: DOM), a large cap company within the consumer goods sector, has started trading of its shares on the main market of Nasdaq Stockholm. Dometic is the 80th company to list at Nasdaq’s Nordic markets* in 2015.
Dometic is a global company offering branded solutions for mobile living in the areas of Climate, Hygiene & Sanitation and Food & Beverage. Dometic operates in the Americas, EMEA and Asia Pacific, providing products for the use in recreational vehicles, trucks and premium cars, pleasure and workboats, and for a variety of other uses. Dometic offer products and solutions that enrich people’s experiences away from home, whether in a motorhome, caravan, boat or a truck. The company’s motivation is to create smart and reliable products with outstanding design. Dometic operates 22 manufacturing / assembly sites in nine countries, sells its products in approximately 100 countries and manufactures approximately 85 percent of products sold in-house. The company has a global distribution and dealer network in place to service the aftermarket. Dometic employs approximately 6,400 people worldwide and is headquartered in Solna, Sweden. For more information, please visit www.dometicgroup.com.
“I am very pleased with the significant interest shown in Dometic during the listing process, both from institutional investors as well as from the general public,” said Roger Johansson, CEO and President of Dometic Group. “The high demand from quality investors is a confirmation that our leading market positions and ability to generate profitable organic growth, supported by strong underlying markets, is recognized and valued by investors. The listing is a key milestone for the company and I look forward to continuing to develop Dometic as a listed company.”
“We welcome Dometic to the main market of Nasdaq Stockholm and to our family of companies,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Dometic will make an exciting addition to our vibrant consumer goods sector, and we look forward to supporting the company with the increased investor visibility that comes with a main market listing.”