#Latest news with #militarygearBloomberg29-05-2025BusinessBloombergSweden's Snigel Plots IPO as European Defense Boom Fuels GrowthSwedish group Snigel AB is weighing a stock market listing the year after next as demand for its tactical military gear hits new heights on the back of Europe's rearmament efforts. Amid the defense boom, the privately-owned company — which specializes in backpacks and bulletproof vests for elite forces — reached a valuation of about 500 million kronor ($51.9 million) this spring in a funding round that saw eEquity AB become the biggest shareholder.
Bloomberg29-05-2025BusinessBloombergSweden's Snigel Plots IPO as European Defense Boom Fuels GrowthSwedish group Snigel AB is weighing a stock market listing the year after next as demand for its tactical military gear hits new heights on the back of Europe's rearmament efforts. Amid the defense boom, the privately-owned company — which specializes in backpacks and bulletproof vests for elite forces — reached a valuation of about 500 million kronor ($51.9 million) this spring in a funding round that saw eEquity AB become the biggest shareholder.
29-05-2025
