Swiss start-up Beekeeper may seek IPO amid expansion

GENEVA: Beekeeper AG, a Swiss start-up whose clients include LafargeHolcim Ltd and Mandarin Oriental International Ltd, will consider options including selling shares in an initial public offering (IPO) as the mobile applications maker forges ahead with an expansion in the UK and Germany.

“It’s definitely an option we will be looking at,” chief executive officer and co-founder Cristian Grossmann said in a telephone interview, referring to a possible IPO.