13 October 2023
Carey Olsen advises Birkenstock on New York Stock Exchange listing
Carey Olsen's corporate team in Jersey has advised Birkenstock Holding plc ("Birkenstock") on its initial public offering of $46 per share on the New York Stock Exchange, which values the company at approximately $8.6bn.
Founded in 1774, Birkenstock is a German shoe manufacturer and one of the top five footwear brands in the world. Renowned for the comfort, functionality and high quality of its products, it is the German footwear industry's largest employer and sells products in 90 countries spanning each continent.
Birkenstock began trading on October 11 2023, under the symbol "BIRK".