Car parts retailer Autodoc plans German IPO, bookrunner says
FRANKFURT, June 6 (Reuters) - German online car parts retailer Autodoc intends to list on the Frankfurt Stock Exchange via a secondary share sale, a bookrunner on the initial public offering said on Friday.
The Berlin-headquartered company's founders and the U.S. private equity firm Apollo Global Management will sell shares in the IPO.
According to the bookrunner's document seen by Reuters, the offer structure is 100% secondary, indicating that the company will not receive any additional equity capital from new shares.
The retailer, founded in Berlin in 2008, is active in 27 European countries. It mainly sells to consumers, but it is also increasingly targeting business clients, the document said.
CITI (C.N), opens new tab, Barclays (BARC.L), opens new tab, Deutsche Bank (DBKGn.DE), opens new tab and Jefferies (JEF.N), opens new tab have been mandated as joint global coordinators, according to the document.
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Best car mats on sale 2025
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With fabric ones, we looked at the depth of the pile and thickness of the stitching, while with rubber mats we were more concerned with the thickness and weight of the rubber. We also looked at how easy the mats were to install, and how much each set would cost. We also then conducted a safety test with each set of mats, which included a 15-minute test drive to check for movement, and shuffled our feet to see if the mat moved. Below we rank the best cars mats currently on sale... Skip advert Advertisement - Article continues below View Puma ST View Puma View Tucson Quality was very much a key consideration in these tests and the Excalibur mats thoroughly impressed us. They feel very sturdy and have a wipe-clean rubber surface, but also have a carpeted heel pad for extra durability and more control if you have wet shoes. 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We bought a set that had to be made to order, to test their customer service, and we received them within 72 hours. The mats come with a fitting kit so you can pin them in place in the driver's footwell, preventing any undue movement. The carpet fabric feels a little lightweight, but the mats look great and fit perfectly. Skip advert Advertisement - Article continues below Buy now from Amazon Carsio says it can produce tailored rubber mats for most makes and models of car, so we put them to the test by ordering a set for a 30-year-old Alfa Romeo. They came up trumps, but it did take almost two weeks for the mats to arrive. Made from a flexible rubber, the mats drop into the footwell. There are also retaining pins if you wish to use them. They passed our safety tests with flying colours, with no movement. 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