DGL Group lists with $100m new capital

DGL Group lists with $100m new capital
DGL chief executive Simon Henry (center) says the company will consider expansion into the US.
Dan Brunskill
Trans-Tasman chemical company DGL Group went public on the NZX and ASX this morning after raising $100 million of growth capital.DGL issued 100 million new shares, at $1 each, in an oversubscribed initial public offer underwritten by Australian firms Bell Potter and Canaccord Genuity.The company, previously known as Dangerous Goods Logistics, was founded in 1999 by current chief executive Simon Henry who has retained majority ownership and now holds 57.3% of the company.“When I founded the business 22 years ago, I had the vision to addres...

More Markets

Vulcan Steel leads as reporting season approaches
Markets Market Close

Vulcan Steel leads as reporting season approaches

The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.

Jamie Gray 15 Aug 2025
Small cap spotlight: Blackpearl Group
Markets Small Cap Wrap

Small cap spotlight: Blackpearl Group

Founder Nick Lissette says it's patriotic to be listed, but hard work.

Competition law changing to allow 'beneficial collaboration'
Markets

Competition law changing to allow 'beneficial collaboration'

Confidential submissions to the Commerce Commission will get a 10-year OIA exemption.

Pattrick Smellie 15 Aug 2025
NZ sharemarket rises, Vista Group shares fall
Markets Market Close

NZ sharemarket rises, Vista Group shares fall

The New Zealand sharemarket was up on Thursday as most stocks on the main board lifted.

Tom Raynel 14 Aug 2025