Welltec heading towards an IPO
The company Welltec, based in Allerød, which develops and manufactures advanced drilling equipment for the oil industry, has launched a process aimed at entering the C20 index.
"We should get into the C20 index. It has been my criterion that we must position ourselves well inside it. This means that we are big enough to get enough attentio", says Jørgen Hallundbæk to Børsen.
Jørgen Hallundbæk stresses, however, that the final decision on an IPO has not been taken yet. The process is so far advanced that Welltec - currently estimated to be worth around DKK 10 billion - has hired several consultants to help with the listing.
Welltec’s core competence is to help oil companies increase the amount of oil they can extract from a field. And the knowledge is in very high demand.
Source: Børsen / maritimedenmark.dk
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