Aerospace component manufacturer DPC applies for US IPO, aiming to raise up to 747 million dollars

Glonhui June 16th ｜ Aerospace parts manufacturer DPC Holdings announced plans to raise up to $747 million through an IPO in the US. DPC has applied to list 33.333 million shares on the New York Stock Exchange, with an offering price range set at $28 to $32 per share, and the proposed stock code is DPC. Based on the upper limit of the offering price range, the company's valuation will exceed $4.4 billion. DPC's brand Doncasters was founded in 1778 in Sheffield, UK, focusing on manufacturing high-precision alloy parts for demanding environments, serving original equipment manufacturers in aerospace, industrial gas turbines, and special transportation sectors. The company's partners include well-known aerospace and industrial gas turbine manufacturers such as GE Aerospace, Honeywell, Pratt & Whitney, Rolls-Royce, Safran Group, Ansaldo Energia, Doosan, GE Vernova, and Siemens Energy.