EUPEC International Group, a France-based provider of coating solutions for onshore and offshore steel pipelines, filed on Friday with the SEC to raise up to $5 million in an initial public offering.
The Grande-Synthe, France-based company plans to raise $5 million by offering 1.3 million shares at a price of $4. At the proposed price, the company would command a market cap of $85 million.
EUPEC International Group provides specialized coatings for onshore and offshore steel pipelines in the water, oil, and gas sectors, delivering pipeline coating, custom coating, field joint coating, and reel-to-reel solutions. It manages a 15-hectare plant in Dunkirk plus two other French facilities and has supported projects for companies such as Total Energies, ENI, Exxon, Petrobras, Shell, BP, and major engineering and construction contractors.
The Grande-Synthe, France-based company was founded in 2022 and booked $9 million in revenue for the 12 months ended June 30, 2025. It plans to list on the Nasdaq under the symbol EUPX. EUPEC International Group filed confidentially on August 13, 2025. R.F. Lafferty & Co. is the sole bookrunner on the deal.
