HellermannTyton is set to launch €35m listing in London – The Independent

Article by · 2013/03/05 ·

The cabling products maker HellermannTyton is planning a London listing at the end of this month to raise €35m (£30m) to finance its growth.

The Sussex-based group, which wants to increase its manufacturing space by 40 per cent, said the offer will comprise new and existing shares. Hellermann’s private-equity owner Doughty Hanson will sell some of its stake.

The company makes cable-management products, used for fastening, insulating, routing and connecting components in cables used in the electrical, automotive and datacom markets. (…)

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