Stockholm, April 10, 2017 — Nasdaq (Nasdaq: NDAQ) announced that FM Mattsson Mora Group AB (short name: FMM B), a small cap company within the industrial sector, has started trading of its shares on the main market of Nasdaq Stockholm. FM Mattsson Mora Group is the 26th company to list at Nasdaq’s Nordic markets* in 2017.
FM Mattsson Mora Group develops and manufactures water taps and accessories. The company primarily operates in the Nordic region and its products are sold under the brands FM Mattsson, Mora Armatur and Damixa. FM Mattsson Mora Group was originally established in 1865, currently employs 550 professionals and is headquartered in Mora, Sweden. For more information, please visit www.fmm-mora.com.
“We are very happy about the amount of interest shown in the company, from institutional investors, the general public and employees,” said Fredrik Skarp, CEO of FM Mattsson Mora Group. “We are looking forward to taking new steps in FM Mattsson Mora Group’s long-standing history, with a focus on creating energy-efficient solutions and long-term shareholder value.”
“We welcome FM Mattsson Mora Group to the Nasdaq Stockholm main market,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We congratulate FM Mattsson Mora on its listing, and look forward to supporting the company with increased visibility and investor exposure that comes with a main market listing.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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