Puig, the beauty, perfumery and fashion giant based in Barcelona, could announce next week, even on Monday, its intention to carry out a public offering (IPO) of shares with which it would raise between 2,000 and 3,000 million euros, the Bloomberg agency said yesterday, citing sources close to the operation. When consulted by this newspaper, the company yesterday declined to make any type of comment.
Founded in 1914, Puig remains controlled by the founding family. In a recent interview with La Vanguardia, its president, Marc Puig, announced that going public is “one of the options” for the future that the company is considering with a view to the next generational change and valued this exit for the “good balance between the market , which makes you look short, and family, which helps you look long.” Puig earned 4.3 billion last year, 19% more.
The IPO of the owner of brands such as Carolina Herrera, Paco Rabanne, Charlotte Tilbury, Jean Paul Gaultier or Nina Ricci would be the first on the continuous market since 2021, when Acciona Energía took place. This week the automotive components group Bergé announced the cancellation of its plans to list its subsidiary Astara on the stock market, after failing to attract sufficient interest from investors.
Those of Puig and Bergé are two of the IPO plans that have been prepared since the end of last year and at different stages. Those from Volotea, Hotelbeds and Europastry also appear.
