Published: October 31, 2025 at 7:49 am
Retail group Princes Group has floated on the London Stock Exchange with a market capitalisation of £1.16 billion.
The £2.1bn revenue food and drinks firm includes the brands Princes, Napolina, Branston, Batchelors, Flora, Crisp ‘N Dry, Delverde, Naked Noodle and Vier Diamanten.
The Liverpool-headquartered group exports its products to more than 60 countries and has more than 8,000 customers globally across large food retailers, B2B partners and the foodservice industry.
The offer price of its float has been set at 475 pence per share, equating to a market capitalisation of approximately £1.162bn. It includes a retail offer which it expects to raise £14m.
Princes said the float would raise primary capital of approximately £400m to support further inorganic growth via acquisitions.