Birkenstock share placement: Main owner secures 2/3 of the proceeds - financial expert analyzes the success of the stock market debut

Gemäß einem Bericht von www.bietigheimerzeitung.de,
die Birkenstock-Aktienplatzierung hat knapp 1,5 Milliarden Dollar eingebracht, von denen etwa zwei Drittel an den Haupteigentümer L Catterton gehen. L Catterton ist mit dem Luxuskonzern LVMH und dessen Chef Bernard Arnault verbunden. Birkenstock beabsichtigt, seinen Anteil am Erlös des Börsengangs zum Schuldenabbau zu verwenden. Der Firmenchef Oliver Reichert betont, dass Birkenstock auf nachhaltiges langfristiges Wachstum fokussiert ist, während L Catterton weiterhin die Kontrolle behält.

Effects of the share placement

Birkenstock's share placement has brought the company into the spotlight of financial interest. The proceeds of $1.5 billion represent a significant inflow of capital that will allow Birkenstock to reduce its debt and finance further growth. This could lead to further investment in the brand and product development to support sustainable long-term growth.

By selling around two-thirds of the shares in L Catterton, the company will continue to be closely linked to the luxury group LVMH and Bernard Arnault. These connections can open up new opportunities for Birkenstock, particularly in terms of international expansion and collaboration with other luxury brands. The financial stability achieved by reducing debt will better position the company for possible mergers or acquisitions.

The rise of Birkenstock

The origins of Birkenstock go back to 1774, when the shoemaker Johannes Birkenstock laid the foundation for “a shoemaking dynasty”. The company has since established itself as the “inventor of the footbed” and has broken away from its former eco-shoe image. With collaborations with renowned brands such as Dior and Manolo Blahnik, Birkenstock sandals have developed into a fashion accessory.

The company's financial indicators show solid growth. In the first half of the current financial year, Birkenstock recorded an 18.7 percent increase in sales to around 644.2 million euros. Although profits fell compared to last year, mainly due to unfavorable exchange rates, the company remains profitable. In the last financial year, Birkenstock achieved sales of 1.24 billion euros and a profit of 187 million euros.

conclusion

Birkenstock's share placement and proceeds of $1.5 billion position the company for further growth and potential for international expansion plans. The financial stability achieved by reducing debt will also strengthen the company for possible partnerships and strategic decisions. With its established brands and focus on sustainable growth, Birkenstock appears well-equipped to continue its successful path.