Musti Group Holding Oy is planning an initial public offering and a listing of its shares on the official list of Nasdaq Helsinki in Finland. The contemplated initial public offering is expected to consist of both a primary offering by the company and a secondary offering by certain shareholders, including the main shareholder, Millan Holding, which is owned by EQT Mid Market Fund and its co-investors. Millan Holding will remain a significant shareholder after the initial public offering. The size of the planned initial public offering is approximately €40 million - €50 million before transaction fees and expenses. The proceeds will be used for reduction of financial indebtedness as well as for general corporate purposes.