Ready for Take-Off: Aircraft Component Maker Montana Aerospace Airs the Second IPO at SIX in 2021

Today, Montana Aerospace (Ticker "AERO"), one of the world’s leading manufacturers of complex lightweight components for the aerospace industry, listed its shares on the Swiss Stock Exchange. The opening price was CHF 29.00 per share, resulting in a market capitalization of CHF 1.4 billion.

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Dr. Markus Nolte, CEO; Dr. Michael Pistauer, CFO, Montana Aerospace (from left to right)

Dr. Markus Nolte, CEO; Dr. Michael Pistauer, CFO, Montana Aerospace (from left to right)

The issued share capital of Montana Aerospace comprises of 47,153,997 registered shares with a par value of CHF 1.00 per registered share. As part of the IPO, 17,153,997 newly issued registered shares were offered. At an issue price of CHF 25.65 per registered share, the placement volume was CHF 440 million (excluding over-allotment option). In addition, Montana Tech Components, as the former sole shareholder and future majority shareholder of Montana Aerospace, offered up to 2,573,099 existing registered shares as part of the over-allotment option. 

Dr. Markus Nolte, CEO Montana Aerospace, says: “Swiss technology stands for cutting edge innovations and highest quality levels. Started as a Swiss extrusion specialist, Montana Aerospace has grown to become a global leader in the Aerospace, E-mobility and Energy markets. With the IPO at SIX, we are returning to our roots and are confirming our commitment to profitable growth, transparency and leadership in ESG.”

Jos Dijsselhof, CEO SIX, says: “I am delighted to welcome Montana Aerospace on our exchange, which herewith is expanding SIX’s diversified universe of listed companies to the aerospace industry. With today's IPO, I am convinced Montana Aerospace lays the successful foundation for achieving its future growth targets and I wish the company every success in reaching the next milestones.”

For more information about Montana Aerospace, please see www.montana-aerospace.com

Any questions?

Please do not hesitate to contact Julian Chan.

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About SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 4,044 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 185.0 million in 2022.
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