Stadler Rail’s IPO: a success story made in Switzerland

24th April 2019
-IAM, News

Olivier Aeschlimann, Senior Financial Analyst

Last Friday, Stadler Rail successfully entered the Swiss stock market. The stock rose 10% thanks to an offer more than three times oversubscribed. In 1989, Peter Spuhler bought the company of 18 employees with a loan of CHF 5 million obtained from a regional bank. Today, the train manufacturer has a workforce of about 7000 people, has achieved CHF 2 billion turnover in 2018 and is valued by the market at over CHF 4 billion.