Clifford Chance Advises Underwriters on Princes Group IPO and London Listing

Clifford Chance advised the underwriters, BNP Paribas, Peel Hunt LLP, Rabobank U.A., UniCredit Bank GmbH and Société Générale S.A., in connection with the initial public offering and London listing of Princes Group PLC. The IPO raised gross proceeds of approximately £400 million (excluding any exercise of the over‑allotment option), providing Princes Group with a market capitalisation of approximately £1,162 million when conditional dealings began on 31 October 2025. The ordinary shares of Princes Group were admitted to listing on the equity shares (commercial companies) category of the Official List of the FCA and to trading on the main market for listed securities of the London Stock Exchange plc. Princes Group is a leading international platform in the UK and European food and beverage sector and generated £2.1 billion pro‑forma revenue in 2024. The group holds leading positions in both branded and customer own brand products across its business units, including recognised brands such as Princes, Napolina, Branston, Flora, Crisp 'N Dry and Naked Noodle. Headquartered in Liverpool, UK, Princes Group operates 23 production facilities across the United Kingdom, continental Europe and Mauritius, exports to more than 60 countries and serves over 8,000 customers globally across large food retailers, B2B partners and the foodservice industry. Clifford Chance represented the underwriters, BNP Paribas, Peel Hunt LLP, Rabobank U.A., UniCredit Bank GmbH and Société Générale S.A., with a team composed by: Christopher Roe, London Equity Capital Markets partner; Johannes Juette, US Securities partner; senior associates Anjaneya Das and Sannu Shreshtha; associates Radhika Sharma and Trey Oxendine; and trainee solicitor Daniel McCurley.

Clifford Chance Advises Underwriters on Princes Group IPO and London Listing

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