LVHM Private Equity L Catterton Plans Footwear Birkenstock IPO at $8 Billion Valuation in September 2023
4th August 2023 | Hong Kong
LVHM private equity group L Catterton has been reported to be planning for footwear Birkenstock IPO (Initial Public Offering) at $8 billion valuation in September 2023. Birkenstock history dates back to 1774, started by Johann Adam Birkenstock who was listed as “subject and cobbler” in the church archives of Langen-Bergheim, Germany. In 1896, Master cobbler Konrad Birkenstock begins manufacturing and selling flexible footbed insoles. In 2021, L Catterton & family investment group of Bernard Arnault (LVMH) acquired a majority stake in Birkenstock for $4.4 billion (EUR 4 billion).
” LVHM Private Equity L Catterton Plans Footwear Birkenstock IPO at $8 Billion Valuation in September 2023 “
LVHM Private Equity L Catterton Plans Footwear Birkenstock IPO at $8 Billion Valuation in September 2023
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