IPO of Lyko on Nasdaq First North Premier
On 12 December 2017, Lyko Group AB (publ) was listed on Nasdaq First North Premier. The price per share in the IPO was SEK 50, corresponding to a total market cap of approximately SEK 766 million.
Lyko is an omni channel platform for hair care and beauty and its business consists of e-commerce platforms Lyko.se and Lyko.no, as well as 40 wholly owned stores spread across Sweden and Norway. Lyko has offices in Stockholm and Vansbro, and currently employs around 500 professionals.
ABG Sundal Collier AB acted Sole Global Coordinator. Baker McKenzie acted as legal advisor to the Sole Global Coordinator. The lawyers mainly involved in the IPO from Baker McKenzie were Joakim Falkner, Stefan Balazs and Johanna Flink.