Vinge advises Carnegie Investment Bank AB (publ) and Danske Bank A/S, Danmark, Sweden Branch – Joint Lead Managers and Joint Bookrunners – in connection with Scandi Standard AB’s (publ) application for listing on NASDAQ OMX Stockholm. A prospectus has been published today and first day of trading on NASDAQ OMX Stockholm is expected to be 27 June 2014.
Scandi Standard is the largest producer of chicken-based food products in Scandinavia with market leading positions in Sweden and Denmark, and a challenger position in Norway. The company produces, sells and markets chilled, frozen and processed chicken products under the strong brands Kronfågel, Danpo, Den Stolte Hane, Vestfold Fugl, Ivars and Chicky World. Additionally, the company sells eggs in the Norwegian market under the brand Den Stolte Hane. The company has almost 1,700 employees and pro forma net sales 2013 of approximately SEK 5.2 billion.