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.
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