At an opening price of CHF 18.00 per share, the resulting market capitalization of Accelleron Industries was CHF 1.7 billion.
Accelleron develops, produces and services turbochargers and digital solutions in industries such as marine, energy and rail. By powering these in a reliable and sustainable way, Accelleron at the same time helps them to decarbonize.
Oliver Riemenschneider, Chairperson of Accelleron's Board of Directors, comments: “Listing on SIX Swiss Exchange is a historic moment for Accelleron, as we begin to execute our strategy as an independent company with strong roots in Switzerland. We power industries that are critical for modern life, with our innovative technological solutions helping them to move further, more efficiently and more sustainably. High demand for Accelleron’s products and services is reflected by its strong financial profile with robust and recurring service revenues, and I am confident that the business will continue to build on its position as a global leader in high-power turbochargers.”
Jos Dijsselhof, CEO SIX, says: “I am delighted to welcome Accelleron Industries to our exchange. Accelleron conveys its claim to accelerate transformation for a better world and I am convinced that with today's listing on SIX Swiss Exchange, the company has reached an important milestone in order to be able to continue along this path in the future. I wish them every success on their further journey as a SIX-listed company.”