Shares in Polimoon, a Norwegian plastics manufacturer, priced and began trading at the top of the expected range in Oslo today, valuing the company at Nkr830m (€98.6m) and completing the exit of its private equity owner, CVC Capital Partners.

Shares in Polimoon began trading on the Oslo market this morning at Nkr21.5. The expected price range was Nkr19 to Nkr21.5. Polimoon said investor demand was strong and that the offering was six times subscribed.