Hexagon's compounding operation to go public on 9 June

ERJ staff report (DS)

Stockholm, Sweden -- Hexagon AB has re-christened its polymer activities Hexpol, and is on the point of making an IPO in the company on the Swedish stock exchange. Hexpol is Europe's largest custom compounder, and also has a strong position in gaskets for plate heat exchangers (Gaskets) and wheels made of plastic and rubber materials for truck and castor wheel applications (Wheels). 

The Listing Committee of the OMX Nordic Exchange Stockholm has approved the listing of the shares of series B in Hexpol AB on the OMX Nordic Exchange Stockholm. Hexpol will issue the prospectus for the sale tomorrow (Thur 5 June) on its website (see below). The first day of trading will be Monday 9 June 2008. The company will be traded under the ticker HPOL B with ISIN code SE0002452623. A trading lot consists of 100 shares.

Customers are primarily OEM manufacturers of plate heat exchangers and fork lift trucks, as well as global systems suppliers to the automotive industry. The Group is organised in two business areas, Hexpol Compounding and Hexpol Engineered Products, and has about 2 300 employees in nine countries. In 2007, Hexpol had sales of about 2 700 MSEK (Euro 289 million).

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Press release from Hexpol

Home page of Hexpol