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Forbes
Forbes
12 Sep 2023


Birkenstock filed for an initial public offering Tuesday, though it’s unclear when the German footwear company, which is owned by Louis Vuitton Moët Hennessy-backed private equity firm L Catterton, will reveal its share price or terms of the share sale.

GERMANY-FRANCE-LUXURY-FOOTWEAR-BIRKENSTOCK

Sandals of the German sandals and shoes maker Birkenstock are pictured in a store window at the ... [+] company's store in Berlin on February 26, 2021. (Photo by John MACDOUGALL / AFP) (Photo by JOHN MACDOUGALL/AFP via Getty Images)

AFP via Getty Images

The company will list its shares on the New York Stock Exchange under the symbol BIRK, according to the filing.

The IPO could be valued at more than $8 billion, according to Bloomberg, with Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Staley listed as joint underwriters.

This is a developing story. Check back for updates.