On March 18, 2021, the first day of trading in RugVista Group AB's shares on Nasdaq First North Premier Growth Market occurred. The offering attracted strong interest from Swedish and international institutions as well as the general public in Sweden. The final price in the offering was SEK 125 per share, corresponding to a total market value of approximately SEK 2.5 billion.
RugVista Group is one of the leading European direct-to-consumer online platforms within carpet and rug sales through its online stores, available in 20 different languages, using the RugVista and CarpetVista brands. The Company was founded in 2005 and offers a broad and relevant range of quality design and traditional carpets and rugs. RugVista Group offers its EU based customers free deliveries and returns free of charge. RugVista Group’s operations are divided into three segments: B2C, B2B, and Marketplaces & Other (MPO). The B2C segment represents the consumer market and is the Company’s core segment.Carnegie Investment Bank and ABG Sundal Collier acted as Joint Global Coordinators and Joint Bookrunners. Baker McKenzie acted as legal adviser to the investment banks with a Capital Markets team in Stockholm consisting of Joakim Falkner, Johanna Flink, Olof Larsson and Marlene Wiklund