PFISTERER Holding SE Sets Price Range for IPO

PFISTERER Holding SE, a family-owned global technology company, has announced its initial public offering (IPO) price range set between EUR 25.00 and EUR 29.00 per share. The offering includes 3.50 million new shares and up to 1.69 million secondary shares from existing shareholders. Additionally, there is potential for 0.78 million secondary shares for over-allotment and an upsize option of 1.00 million shares to improve liquidity. The expected free float post-IPO is about 38.5%.

Gross proceeds of approximately EUR 100 million from the IPO are aimed at enhancing PFISTERER's profitable growth and expanding its manufacturing capabilities. Investment will focus on updating and extending its facilities in Germany and abroad. Trading is set to begin on May 14, 2025, on the Frankfurt Stock Exchange.