Europris ASA was listed on the Oslo Stock Exchange on 19 June 2015. The company was valued at approximately NOK 7,5 billion and shares for an amount of approximately NOK 4,320 million were sold in the IPO. Europris ASA is Norway’s largest discount variety retailer by sales. The company offers its customers a broad assortment of quality owned brands and brand name merchandise. The company’s merchandise is sold through the Europris chain, which consists of a network of 223 stores throughout Norway, 159 of which are directly owned by the company and 64 of which operate as franchise stores.
Thommessen and Cleary Gottlieb Steen & Hamilton LLP advised the managers ABG Sundal Collier, Goldman Sachs, SEB and BofA Merrill Lynch in connection with the IPO. Thommessen’s team was headed by Anders Arnkværn and Kim Dobrowen.
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