Ammega Partners Group Holding AG has reportedly selected banks to help with a potential initial public offering for Ammega Group BV, a European conveyor-belt manufacturer.
Bank of America Corp. and UBS Group AG are expected to lead the arrangements for the IPO, which is tentatively planned for late 2025, according to sources familiar with the matter.
The plans for the IPO are still in the early stages and may change, with the possibility of additional banks being involved.