Industry News, Trustworthy Insights

Popular Companies:

Birkenstock Targets $10 Billion Valuation in Move towards Wall Street

Birkenstock, a well-known German footwear brand with the backing of private-equity firm L Catterton, is preparing for its eagerly awaited initial public offering (IPO) in the United States.

Birkenstock aspires to achieve a fully diluted valuation of approximately $10 billion. Photo: Getty Images

In its IPO, Birkenstock and its stockholder plan to sell at least 32 million shares.

These shares are expected to be priced between $44 and $49, with the aim of raising around $1.58 billion, according to a filing with the U.S. Securities and Exchange Commission.

Birkenstock’s IPO comes amidst a revival in IPO activity following a two-year lull.

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]