Partners Group Holding AG is reportedly moving forward with plans for an initial public offering (IPO) of Ammega Group BV, a European conveyor-belt manufacturer. The private equity firm has chosen Bank of America and UBS Group as the lead arrangers for this potential listing, which is tentatively scheduled for late 2025 in Zurich.

Sources familiar with the situation indicated that these plans are still in the preliminary stages and may evolve. There is also the possibility of additional banks being appointed to assist with the IPO process. However, representatives from Partners Group, Bank of America, and UBS have declined to comment on the matter.

The IPO of Ammega reflects Partners Group's strategy to explore various options for the company, which operates in the industrial sector. As the timeline for the IPO approaches, further developments are expected, including potential adjustments to the plan or the involvement of more financial institutions.

This move highlights the ongoing interest in the industrial sector, particularly in manufacturing and conveyor systems, as private equity firms seek to capitalize on market opportunities.