Birkenstock Holding plc (BIRKENSTOCK) has announced the pricing of its initial public offering of 32,258,064 ordinary shares at a public offering price of US$46.00 per share. BIRKENSTOCK is offering 10,752,688 ordinary shares and the selling shareholder is offering 21,505,376 ordinary shares. In connection with the offering, the selling shareholder has granted the underwriters a 30-day option to purchase up to an additional 4,838,709 ordinary shares to cover over-allotments. The ordinary shares are expected to begin trading on the New York Stock Exchange on October 11, 2023 under the symbol “BIRK.” The closing of the offering is expected to occur on October 13, 2023, subject to customary closing conditions.

Latham & Watkins LLP represents the underwriters in the offering with a capital markets team led by New York partners Marc Jaffe, Ian Schuman, and Adam Gelardi, with associates Matthew DeSilva, Darby Dietrich, and Emma Gilmore. Advice was also provided on German capital markets matters by Munich partner Rüdiger Malaun and Frankfurt partners Oliver Seiler and David Rath, with associate Isabel Willius; on tax matters by New York partner Jiyeon Lee-Lim, with associate Farrah Yan; on UK tax matters by London partner Karl Mah, with associate Aoife McCabe; on data privacy matters by Bay Area partner Robert Blamires, with associate Kathryn Parsons-Reponte; on intellectual property matters by New York partner Jeff Tochner, with associate Pelin Serpin; and on German intellectual property matters by Frankfurt partner Susan Kempe-Mueller, with associate Daniela Jaeger.