Birkenstock Owner Considers IPO at $6 Billion-Plus Value

  • L Catterton bought majority stake in sandal maker in 2021
  • LVMH-backed firm working with Goldman, JPMorgan on listing
Birkenstock Owner Said to Weigh $6 Billion IPO
Lock
This article is for subscribers only.

L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for Birkenstock including an initial public offering, according to people familiar with the matter.

The iconic German sandal maker could be valued at more than $6 billion in an IPO, said one of the people, asking not to be identified because the details are private.