NASDAQ OMX (NASDAQ:NDAQ) announced that Bufab Holding AB (short name: BUFAB), a Mid Cap company within the Industrials sector, has started trading of its shares on the main market of NASDAQ OMX Stockholm. Bufab is the second company to list at NASDAQ OMX’s Nordic main markets in 2014 (NASDAQ OMX Stockholm; Helsinki; Copenhagen and Iceland).
Founded in 1977, Bufab is a trading company that delivers components and services to the global manufacturing industry.The Company offers its customers a one-stop-shop product offering that covers sourcing, quality assurance and logistics of so called C-Parts, components such as nuts, screws and washers, according to the business model Supply Chain Partner. Bufab reported net sales of MSEK 2,031 in 2013 and has over 750 employees. Bufab has operations in 23 countries and is headquartered in Värnamo, Sweden.
“For the past few weeks we´ve been focusing our attention on presenting Bufab to investors, and we are both proud of and pleased with the positive response we have had. It demonstates confidence in the company and our strategy,” said Jörgen Rosengren, CEO at Bufab. “Bufab is now entering a new chapter in its history, and we are looking forward to continuing developing Bufab as a listed company.”
”We are excited to welcome Bufab to our main market where they will make a valuable adition to our world-leading industrial sector,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Bufab marks this year's second listing at our Nordic main markets, and as we continue to see a strong interest for going public we are hopeful that more companies will follow their example.”