Dutch bus maker Ebusco floated on stock exchange

摘要

The Dutch electric bus manufacturer Ebusco is hoping to raise around €300m euros from last month's stock launch on Euronext in Amsterdam. CEO Peter Bijvelds said the Initial Public Offering (IPO) was 'an important milestone' towards the future of his company. Shares were issued on October 22 at €23 which gives the Deurne-based maker a market value on paper of around €1.3bn (￡1.09bn). The IPO is not open to private investors. Ebusco was founded in 2011 and has supplied some 350 zero-emission buses to customers in seven European countries. Clients include Transdev, Qbuzz, Stadtwerke Miinchen, Deutsche Bahn and PostAuto in Switzerland.