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PUIG to prepare for IPO

The stock market debut is expected to take place before the summer.

The banking syndicate for the planned IPO is to be controlled by Goldman Sachs and JPMorgan as lead managers. According to the information provided, Bank of America, BNP Paribas and Santander are the “joint bookrunners”. BBVA and Banco Sabadell are also to act as co-lead arrangers. Cuatrecasas and Linklaters will oversee the legal aspects of the transaction.


Since 1914, Puig has created a world of beauty and fashion with passion and entrepreneurial spirit. The company is home to a multitude of love brands such as Dries Van Noten, Nina Ricci, Byredo, Carolina Herrera, Rabanne and Jean Paul Gaultier. Most recently, Puig came to the attention of Dr. Barbara Sturm through the acquisition of a majority shareholding. Values and traditions established by three generations form the basis of this family business. The group structure has already been reorganized for the upcoming IPO and all subsidiaries have been brought together under one roof. In 2022, Puig recorded a turnover of 3.6 billion euros and a profit of 400 million euros. Puig sells its products in more than 150 countries and has branches in 30 of them.


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