Savoric & Partners has advised Ing-Grad on its planned IPO on the Zagreb Stock Exchange, where the company aims to raise approximately EUR 55 million by selling 30% of its treasury shares.
Ing-Grad is a Croatian construction firm founded in 1985. According to Savoric & Partners, Ing-Grad plans to offer 1.2 million shares, with a price range set between EUR 37 and EUR 46 per share. The proceeds will be used for strategic acquisitions – particularly in geotechnical engineering and other specialized construction segments – and for enhancing employee rewards and strengthening the company’s financial position.
Savoric & Partners could not provide additional information on the matter.
