CPH Post

Business

Another Danish company eyeing a listing

Icopal is one of the world’s leading companies in roofing and structural waterproofing


While its head has stated that a final decision has yet to be made, Icopal has begun preparations for a listing sometime this autumn (Photo: Icopal)

May 20, 2014
12:21

by CW


The Danish roofing and structural waterproofing giant Icopal is taking steps towards a listing that is expected to take place this autumn at a price of between six and seven billion kroner, according to Berlingske newspaper.

Miguel Kohlmann, the head of Icopal, has confirmed that the listing process has begun and that the company has appointed the British investment bank Lazard to act as a consultant on the deal.

 “We have followed the recent listings in Copenhagen and we are considering our options,” Kohlmann told Berlingske.

“As of now, we haven’t decided whether to complete the listing of the company.”

READ MORE: Copenhagen sees another multi-billion kroner listing head to New York instead

A world leader
Other banks are also expected to take part in the process via a consortium led by Nordea and Goldman Sachs.

Icopal has been listed in the past, but was taken off in 2000. Since then, the company has been owned by the Danish private equity investment company Axcel, the Lego owners Kirkbi and its current owner Investcorp.

Icopal is one of the world’s leading companies in its field and enjoyed a turnover of 7.7 billion kroner in 2013, while employing 3,500 people worldwide.



Related stories



Latest Comments

Wonder how many hours Danes waste discussing hi-jinks and antics from the...

(Bill Jones on October 23, 2014 20:18)

Seriously, DK can talk about the rule of law when they snub their nose at...

(Bill Jones on October 23, 2014 20:12)

A penchant for larceny, perhaps genetic as with their predisposition for...

(Bill Jones on October 23, 2014 18:46)

Jensen is a mug . what a tool

(Hamish Carey on October 23, 2014 17:34)

Misplaced priorities . GCs are brought in to add value to the economy , They...

(Rajiv Banerjee on October 23, 2014 11:12)

Encoding is broken.

(Jon Ask Jacobsen on October 23, 2014 10:14)

I know a few Danes that were deported from the states so i support this. ;-)

(Juliousbass "the Future of Bass" on October 22, 2014 21:00)

Culture vultures

(Juliousbass "the Future of Bass" on October 22, 2014 20:55)

"The Hungarians in 1956 fully integrated since they could not return till...

(William Harvey on October 22, 2014 17:40)

This is so cool. Funerals with the horse drawn hearses are always so sad &...

(Buzzy Sørensen on October 22, 2014 15:39)