Danske Bank and Handelsbanken – Harvia IPO

We assisted the joint bookrunners Danske Bank and Handelsbanken in Harvia Plc’s IPO on the official list of Nasdaq Helsinki.

Harvia is one of the world’s leading providers of sauna and spa products, and its products are sold through a global distribution network.

The company’s IPO, which consisted of a share issue and shares sale, was oversubscribed, and the company has over 2,000 shareholders following the IPO. The company’s market value immediately after the IPO is approximately EUR 93.5 million. Trading in the company’s share began on Nasdaq Helsinki’s prelist on 22 March 2018.