STEMMER IMAGING AG (ISIN: DE000A2G9MZ9) today became the first company to launch an IPO in the SME segment Scale of the Frankfurt Stock Exchange this year, Deutsche Börse announced earlier today.
The STEMMER IMAGING shares opened trading at €36.00, following an issue price of €34.00.
The issue’s lead manager and designated sponsor for Xetra trading was Hauck & Aufhäuser. Steubing is the specialist on the Börse Frankfurt venue.
According to company sources, STEMMER IMAGING is one of the leading European machine vision technology providers for scientific and industrial uses.
Based in Puchheim near Munich, the company supports its customers through products, software solutions and consulting in solving their imaging projects with speed, security and ease. Consultants represent STEMMER in 19 European countries. The company also assists its customers with feasibility studies, development services, training and support. STEMMER employs over 260 people and generated revenues of EUR 88.3 million in the past financial year.