Cary Group Holding AB (publ) (“Cary Group” or the “Company”), a leading vehicle glass repair and replacement provider that prolongs the life cycle of vehicles and maintains the safety features, today announces the outcome of the Initial Public Offering of Cary Group’s shares (the “Offering”) and the listing of the shares on Nasdaq Stockholm. The Offering attracted very strong interest from large Swedish and international institutional investors as well as the general public in Sweden. The Offering was multiple times oversubscribed.
About Cary Group
Cary Group is a leading vehicle glass repair and replacement provider that prolongs the life cycle of vehicles and maintains the safety features. The Company provides services at convenient locations, with a high quality, superior customer experience and smart solutions to make sustainable car care easier. The Company was founded as part of Ryds Glas in 1947. The Company became a separate entity under the name Ryds Bilglas in 2011 and was renamed Cary Group in 2020.
Carnegie acted as joint global co-ordinator and joint bookrunner in connection with the IPO.