Cardinal Foods, part of CapMan´s portfolio, has been given its second green light to IPO this year by the Oslo Stock Exchange.

The company was first given the go ahead to IPO  in May, but failed to do so within the set time limit. The company has thus applied for listing a second time, which was granted yesterday. 

Cardinal Foods is one of the largest suppliers of white meat and eggs in Norway, encorporating daughter companies such as Norsk Kylling, Den Stolte Hane, Vestfold Fugl, Jærkylling and Arne Magnussen.

Private equity funds managed by CapMan are the company´s largest shareholders.

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