Montana Aerospace said on April 23, 2021 it plans a stock market listing in Zurich in the second quarter of 2021, seeking gross proceeds of EUR 400 million (USD 482.4 million). The proceeds from the initial public offering (IPO) will be used to finance organic and inorganic growth. About 60% of the proceeds will be spent on strategic acquisitions meant to further consolidate the supply chain with the aim of unlocking synergies and returns while the remaining 40% will be invested in organic growth initiatives in the areas of recycling, casting, and heavy press as well as surface treatment.