Tinned tuna maker Princess Group has started their London Stock Market float and has been valued at £1.16 billion.
Princess Group is almost 150-years old and their headquarters is based in Liverpool, the company was bought in 2024 by Newflat and Italian food company.
Simon Harrison, chief executive of Princes Group, said: “Today marks a defining moment in Princes Group’s journey as we proudly begin our chapter as a publicly listed company.
“Our listing on the London Stock Exchange reflects not only our heritage but also our ambition for future growth.
“As we look ahead, we remain focused on expanding our international footprint, deepening our category leadership, and delivering sustainable, long-term value for all our stakeholders.”
Business and Trade Secretary Peter Kyle said: “The London Stock Exchange is a renowned global trading hub and the Princes Group is a great British success story.
“The firm’s decision to list is not only a huge vote of confidence in this Government’s reforms to capital markets but in British business.”
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