The company is also considering an equity raise in conjunction with the listing. The intended use of proceeds will be to repay debt and for general corporate purposes.
The listing will provide access to public capital markets and provide a liquid market for the shares, enabling the company to enhance visibility and market profile with investors, business partners, suppliers and customers.
Moreld CEO Geir Austigard says: “Since McIntyre Partners became the majority owner early this year, we have repositioned and grown the company. As a result, we have achieved an EBITDA over the last 12 months of over NOK 1 billion with over NOK 11 billion in contract backlog from blue-chip customers under multi-year contracts.”
