Electrovac AG Sets Details for Forthcoming IPO

Electrovac AG, specializing in hermetic glass-to-metal packaging, has announced the price range for its initial public offering (IPO) between EUR 7.80 and EUR 10.20 per share. Up to 4,761,000 shares will be issued, comprising new shares and existing shares from Electrovac Holding AG, with an expected transaction volume of up to EUR 50 million.

The subscription period opens on April 17, 2026, concluding on April 27, with trading anticipated to start on April 30 at the Frankfurt Stock Exchange. Net proceeds of about EUR 30 million from the new shares will be aimed at enhancing international production capabilities.

The IPO is led by BankM and Metzler Bank. CEO Dieter Thumfart emphasizes strong demand in key sectors, including Personal Safety and Aerospace & Defense, with Electrovac as a unique global fully integrated supplier in these markets. The company aims to maintain a 20% profit distribution policy as dividends.