Schouw Sets BioMar IPO at 100-108 Kroner, Targeting 2.72 Billion-Kroner Raise

1 articles · Updated · Bloomberg · May 19

BioMar’s share sale is set to raise as much as 2.72 billion kroner ($423 million), making it Copenhagen’s biggest IPO since 2018.
Schouw priced the offering at 100 kroner to 108 kroner a share, a range that values the fish-feed producer at up to $1.7 billion.
Most of the proceeds are slated to go to Schouw rather than BioMar under the terms seen by Bloomberg.
The listing would bring the world’s third-biggest aquafeed producer to market, testing investor appetite for a large Nordic IPO.

As fishmeal supplies shrink, can BioMar's green innovations satisfy both investors and the planet?

Will public market pressure accelerate BioMar's growth, or hinder its sustainability mission?