Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Dometic Withdraws Proposed IPO
Dec 4, 2003
 Printable format
 Email this Article
 Search

Swedish speciality refrigerator maker Dometic International AB (Stockholm, Sweden) and EQT Northern Europe announced on Dec. 3 that they have decided to withdraw the proposed Initial Public Offering (IPO) of shares in Dometic.

The IPO should have taken place the same day as the announcement to withdraw the offer, according to prior announcements from the company.

Although the shares being offered were more than fully covered by the indicated investor demand and were within the proper price range, demand from IPO investors was insufficient to ensure a successful post-IPO market for the shares, according to a press release from Dometic announcing its withdrawal of becoming a publicly traded company.

Dometic says it continues to perform well with "excellent prospects," and EQT Northern Europe is committed to participate in the future development of Dometic as principal shareholder.

Back to Daily News

 

Daily News

...........................................................

Sep 24, 2014: GE has the highest ranked appliance brand website; h.h. gregg ranked top appliance retailer website

Sep 24, 2014: Haier becomes first refrigerator maker to offer a lifetime compressor warranty

Sep 24, 2014: New condensing dishwasher from Whirlpool's plant in Wroclaw, Poland

Sep 24, 2014: Index points to growth in consumer spending on tech products in remaining months of 2014

Sep 24, 2014: Manufacturing technology orders down in July

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows