长沙USDT即时兑换|【唯一TG:@heimifeng8】|盗U智能合约调试工具✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Puig finalizes the roster of banks accompanying it in its stock market debut
Eva Gracia Morales Translated by
Roberta HERRERA Published
February 14,长沙USDT即时兑换 2025
Puig is continuing to pave its way to the stock market. The Spanish luxury giant, owner of Carolina Herrera, Jean Paul Gaultier, Paco Rabanne, Nina Ricci, and Charlotte Tilbury, among other brands, has finalized the consortium of banks that will accompany it in its leap to the stock market, a process expected to culminate before the summer.
As reported by the financial newspaper Expansión, the banking syndicate leading its IPO (initial public offering) will be spearheaded by Goldman Sachs and JPMorgan as global coordinators. Bank of America, BNP Paribas, and Santander will assume the role known in stock market jargon as "joint bookrunners," and the list is completed with BBVA and Banco Sabadell as "co-lead arrangers." Meanwhile, Cuatrecasas and Linklaters will handle legal matters.
Puig's IPO and its stock market debut will be one of the main operations of the year both in Spain and in Europe. As for the timeline, the company plans to begin the process after Easter and make its stock market debut before the summer.
The Puig group attracts the market both for its portfolio of internationally relevant brands and for the favorable moment of luxury in the stock market, along with its growth in recent years and its financial position, with a debt of just 1,2 billion euros. The company's valuation was estimated a few months ago between 8 and 10 billion euros, but now it could reach 15 billion euros, according to the aforementioned outlet.
Regarding the percentage that the company, 100% owned by the Puig family, will place in the market, it is estimated to be between 25% and 49% of its capital. The luxury group has been taking steps in the past year towards its stock market debut: it reorganized its structure to group all its businesses under the Puig Brands SA corporation and increased the weight of independent directors through the reorganization of its board of directors. Additionally, earlier this year, it acquired a majority stake in the German cosmetics company Dr. Barbara Sturm.
2025 is the last year with available figures: in that fiscal year, the Spanish conglomerate increased its sales by 40% to set a record with 3,6 billion euros and recorded a profit of 400 million euros.