Overview
- The listing will be on London’s main market and will consist solely of new ordinary shares to fund expansion and acquisitions.
- The final offer price will be determined through a bookbuilding process, with the offer open to institutional investors in the UK and overseas, including the US.
- Princes reported about £2.1bn in revenue and £122.3m in adjusted EBITDA last year, and it disclosed £37.8m profit in the first half of 2025.
- The company says the float size would qualify it for FTSE 100 inclusion, while media reports suggest a prospective valuation near £1.5bn.
- Owned by Italy’s Newlat, the nearly 150-year-old group spans 23 factories and exports to more than 60 countries.