Nordic Issuing

Ongoing case

Candles Scandinavia AB

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Candles Scandinavia AB

18 Oct - 29 Oct 2021IPO

Candles Scandinavia was started in 2010 by Viktor and Nina Garmiani with an ambition to manufacture the best scented candles based on natural and sustainable wax there is to buy.

Candles Scandinavia is the largest manufacturer of candles based on sustainable, plant-based wax in Scandinavia, with 50 employees and more than SEK 100 million in turnover. They have chosen to work with a natural blend since they believe it’s superior in every way. It is kinder to both humans and the environment, while also being biodegradable, vegan, sustainable, and plant-based.

They hold the exclusive distribution rights for Yankee Candle, the world’s largest candle brand, as well as for WoodWick® and Millefiori Milano in all the Nordic countries.

Read more at the company's website

The offer in summary

Subsription time:: 18 October - 29 October 2021

Subsription price:: 65 SEK per share

Lowest amount of subsription:: 80 shares (approx. 5,200.00 SEK)

Issue volume: : 24.7 MSEK

Market:: Nasdaq First North



Due to restrictions in applicable law in the United States, Canada, Australia, Hong Kong, Singapore, South Africa, Switzerland, New Zealand, Japan, Russia, Belarus or other countries where participation requires further prospectuses, registrations or actions other than those under Swedish law, the offer to subscribe for securities in this offer is not directed at persons or others with registered address in any of these countries.