Deals

Birkenstock Gears Up for Roadshow in Next Test of IPO Market

German footwear brand considers seeking $10 billion valuation
Offering would be fourth major US listing in a month

WATCH: Birkenstock is said to be preparing to roadshow its US IPO next week. Ryan Gould reports.Source: Bloomberg

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By Ryan Gould and Eyk Henning

September 26, 2023 at 3:46 PM UTC

Updated on

September 26, 2023 at 4:27 PM UTC

This article is for subscribers only.

Birkenstock Holding Ltd. is preparing to kick off the roadshow for its US initial public offering next week in the latest major test of demand for new listings, people with knowledge of the matter said.

The German footwear maker plans to start taking investor orders as early as Oct. 2, the people said, asking not to be identified because the information is private. It’s considering seeking a valuation of $10 billion or more in the IPO, according to the people.