References/25 May 2015
Borenius advised Robit Plc on its Nasdaq Helsinki First North IPO
We advised Robit Plc on its Nasdaq Helsinki First North initial public offering. Trading in the company’s shares began on 21 May 2015.
Robit Plc develops, manufactures, supplies and services drilling consumables for applications in tunnelling, geothermal heating and cooling, construction, and mining industries. The Company´s products can be divided into top hammer drilling consumables used for rock drilling and DTH (down-the-hole) drilling consumables used for ground drilling. The Company has sales companies in Finland, South Korea, the United States, Russia and South Africa, as well as a sales office in China as well as distribution network with approximately 160 distributors. Robit´s products are sold to over 100 countries. The Company has production in Finland and South Korea.