LONDON — Dometic Group, a supplier of appliances for boats and recreation vehicles, said it could be valued at as much as 15 billion Swedish kronor, or about $1.7 billion, in an initial public offering this month, the New York Times reported.
The company is the latest to seek to go to public even though market uncertainty has weighed on valuations in Europe, causing several businesses to delay offerings in recent weeks, the paper explained.
The Swedish private equity firm EQT Partners acquired Dometic in 2011. One of EQT’s prior funds had been an investor in Dometic. On Wednesday, Dometic said that it expected the offering to consist of 108.9 million shares, to be sold at 43 kronor to 52 kronor apiece, the New York Times reported.
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