Jefferies’ European franchise has closed its largest initial public offering on the continent yet as a global co-ordinator, as the firm hits a record high year-to-date ranking for regional equity capital market work.

On November 25 Dometic Group, a Swedish company that makes products including air conditioners and cooking equipment for motorhomes, listed on Nasdaq Stockholm in an IPO that raised SEK4.6 billion ($526.8 million) and valued the company at SEK14.2 billion. Jefferies, Morgan Stanley and SEB acted as global co-ordinators, joined as bookrunners by UBS and Carnegie.