Once more into the IPO breach with TS Lines
And we hope that in six-12 months’ time… well, hang in there
UK forwarder and groupage operator Delamode has launched an initial public offering (IPO) on the Alternative Investment Market (AIM) of the London Stock Exchange.
Listed on Friday under its holding company, Xpediator, the company raised around £5m from the sale of 20.8m shares.
The money will be used to “accelerate” organic growth, including product expansion, and assist in its acquisition strategy.
Chief executive Stephen Blyth said a successful IPO would represent a significant transition for the company.
“As an experienced provider of freight management ...
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