engcon makes historic entrance to Stockholm fair

The initial public offering in Stockholm on Friday, June 17, marks another milestone in engcon's remarkable history. Interest in the listing was high, both from institutional investors and private individuals.

The move to the Stockholm Stock Exchange was the result of a year of intensive preparation, and with the launch the company is once again taking important steps in its journey into the future.

"We are proud of engcon's position as the world's leading manufacturer of rotary tilt attachments. Our innovative products enable more efficient and sustainable use of resources by transforming excavators into tool carriers that replace other machines. The listing on the Nasdaq Stockholm is a great support in our mission to change the world of digging and we will work hard to live up to the trust our customers and shareholders have placed in us," said Krister Blomgren, CEO of engcon.

The listing means engcon will have a broader ownership structure with both large and small owners, enhancing the company's long-term perspective and stability in relation to the market.

"This is a big milestone for me personally. We have come an incredibly long way since I started the company just over 30 years ago. engcon's ambition is to continue to develop future solutions for smarter, safer and more efficient digging. It is gratifying that interest in our fine company is so strong that we now have a strong investor base that will support us in the future. I look forward to remaining an active owner and warmly welcome all our new shareholders," said Stig Engström, founder and major shareholder of engcon.