Birkenstock owner eyes potential IPO as valuation expected to soar

birkenstock cropped

Birkenstock’s private equity owner L Catterton has started talks in advance of a potential IPO of the company, which could take place as early as September this year.

If the stock listing goes ahead, the German footwear retailer is expected to be valued at more than $8bn (£6.26bn).

Investment banks Goldman Sachs and JP Morgan are advising on the potential listing of the company.

 

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