39th listing of 2021 on Euronext Growth Milan
Lindbergh S.p.A. brings the total number of companies listed on Euronext Growth Milan to 170
Total placement volume of the offering equal to €4.5 million
Milan – 20 December 2021 – Borsa Italiana, part of the Euronext Group, today congratulates Lindbergh S.p.A. on its listing on Euronext Growth Milan.
Lindbergh S.p.A. operates in the Field Service Management sector, whose activities fall within the maintenance, repair & operations market (MRO).
Lindbergh S.p.A. represents the 39th listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium sized companies, and it brings the total number of firms currently listed on Euronext Growth Milan to 170.
In the placement phase, Lindbergh S.p.A. raised €4.2 million excluding the potential exercise of an over-allotment option. In the case of the full exercise of the over-allotment option, the total amount raised will be €4.5 million. The free float at the time of admission was 27.67% and the market capitalisation at IPO was €14.4 million.
Marco Pomè and Michele Corradi, respectively Co-founder & Chairman; and Co-founder, CEO and CFO, of Lindbergh S.p.A., said: “Having founded this company from scratch, for us today is a day we will always remember. We want to thank everyone who daily makes Lindbergh a better company and a welcoming place to work. Without their time and dedication, we would not be here today. Following the listing we aim to accelerate our development projects and consolidate our reputation both nationally and internationally. We have very clear goals which, from now on, we will have the honour and pleasure of sharing with our new investors and shareholders, ensuring them that we will continue to put all our passion and enthusiasm into achieving future business targets.”
Caption: Michele Corradi, Co-founder of Lindbergh S.p.A., rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.
About Lindbergh S.p.A. Founded in 2006 by Marco Pomè (President) and Michele Corradi (CEO), both coming from many years of experience in the logistics and services sector, Lindbergh operates in the Field Service Management sector, whose activities fall within the Maintenance, Repair & Operations market (MRO). Operating in Italy and France, Lindbergh is a specialist in “in-night” delivery for service engineer the manufacturing industry. Over the years, the company expanded and diversified its services and is currently active through three transversal Business Units: network management (core business), which concerns the sale of services and products’ to field service engineers (in-boot in-night service by 7 am); waste management, which concerns the management of all procedures concerning the life cycle of waste, including special waste; warehouse management, which manages the execution of logistical and storage operations regarding new and used customer forklifts. The Group has its headquarters in Pescarolo ed Uniti (Cremona) and currently employs 81 employees. Distinguished over the years by constant economic growth, Lindbergh S.p.A. grew further by + 12% YoY in 2020, closing with a turnover of approximately €9 million.