Italian-owned tinned food group New Princes has unveiled plans for an initial public offering (IPO) on the London Stock Exchange, marking a major milestone in the company’s 135-year history. Formerly known as Newlat, New Princes will retain a majority stake in the business, which will be named Princes Group. Instead, we are raising new capital to accelerate our growth strategy and transform Princes into a truly diversified, multinational food and beverage group. Recent investment has driven efficiency improvements and created headroom for further growth without significant additional capital spend. The IPO is expected to support Princes’ expansion into new categories and geographies while building on its strong position in both branded and own-label segments.