Żabka returning to IPO plans in significant public offering
Żabka, a leading Polish retailer, announced plans for an initial public offering (IPO) on the Warsaw Stock Exchange, marking a significant development for the company. With over 10,500 franchise stores, Żabka has seen impressive growth, boasting a 23% annual growth rate since its inception in 1998. The company aims to double its revenue in the coming years and expand further into Romania while investing in new technologies. The funds raised from the IPO will support these ambitious goals, including opening over 1,000 new stores annually.
CEO Tomasz Suchański believes the IPO will enhance value for shareholders and provide opportunities for employees and franchisees alike.
