Silverwood looks to IPO on Aquis Stock Exchange
09:42, 18 October 2021
The consumer-facing brands investor, Silverwood Brands plc, announced on Monday its plan to float on the Aquis Stock Exchange Growth Market.
The UK company, which was incorporated in August of this year, focuses on the foods, organic food, wellness, lifestyle and leisure sectors.
Silverwood already completed a pre-IPO subscription of £1m ($1.4m), and looks to start IPO subscription to qualifying investors shortly.
Household names and smaller ventures
The investor group is looking to build a diversified portfolio which includes both household names and smaller ventures. It takes a long-term investment approach, as the directors noted that they understand it takes time to establish brands and create value.
The company looks to scale the individual brands through “a review of their product offerings, marketing arrangements, supply chain economics and financing as well as to realise synergies arising from the inclusion of individual brands into a diversified portfolio”.
Andrew Gerrie, founder of Silverwood Brands, said that the listing will provide the firm with “profile credibility” and give it “access to global capital to drive our growth and acquisition strategies”.
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