IPO on First North
On March 8, 2021, LMK Group announced its intention to make an offer of the Company’s shares and to list the shares on Nasdaq First North Premier Growth Market. The company’s prospectus was published on March 16, 2021.
“In recent years, we have built up a scalable operating platform that has the opportunity to reach 80 percent of Scandinavian households, and which is positioned to take advantage of market growth driven by, among other things, changing consumer preferences and accelerated digitalization. We see that demand for our flexible grocery bags is increasing and that customers are becoming increasingly loyal, and in February this year the number of active customers increased by 26.9 percent, while the number of deliveries increased by as much as 40.9 percent compared to the same month last year. Now we look forward to the next step in our development as a listed company, as we will continue to deliver profitable growth based on innovation, quality and healthy food.”
– Walker Kinman, CEO, LMK Group