Release date: 23 Sep 2020| Deutsche Börse Cash Market
IPO of Knaus Tabbert AG on the Frankfurt Stock Exchange
Caravan manufacturer listed in Prime Standard segment
The share of Knaus Tabbert AG (ISIN: DE000A2YN504) has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since today. The shares of the caravan manufacturer had an initial listing price of €58.00, the issue price was €58.00.
The IPO was accompanied by Jefferies, UniCredit Bank and ABN AMRO. Baader Bank acts as designated sponsor on the Xetra market and as the specialist for the trading venue Börse Frankfurt.
Knaus Tabbert AG is one of the leading manufacturers of motor homes, caravans and caravanning utility vehicles in Europe. The company located in Jandelsbrunn achieved revenues of €780.4 million and an EBITDA of €64.3 million in 2019. With more than 3,000 employees, Knaus Tabbert produced over 26,000 caravans and motor homes.
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Deutsche Börse AG published this content on 23 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2020 08:29:10 UTC