Birkenstock Holding Ltd Announces Proposed IPO By

© Reuters.

(Updated – September 12, 2023 4:27 PM EDT)

Birkenstock Holding Ltd (BIRK) has filed for a proposed IPO.

The company describes itself as: “BIRKENSTOCK is a revered global brand rooted in function, quality and tradition dating back to 1774. We are guided by a simple, yet fundamental insight: human beings are intended to walk barefoot on natural, yielding ground, a concept we refer to as “Naturgewolltes Gehen.” Our purpose is to empower all people to walk as intended by nature. The legendary BIRKENSTOCK footbed represents the best alternative to walking barefoot, encouraging proper foot health by evenly distributing weight and reducing pressure points and friction. We believe our function-first approach is universally relevant; all humans — anywhere and everywhere — deserve to walk in our footbed. “

Goldman Sachs, J.P. Morgan and Morgan Stanley will serve as lead underwriters.

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