Birkenstock Launches Secondary Offering and Share Repurchase

On August 13, 2026, Birkenstock Holding plc announced a secondary public offering of $1 billion in ordinary shares. These shares will be sold by BK LC Lux MidCo S.à r.l., affiliated with L Catterton. The underwriter has a 30-day option to purchase an additional 15% of the shares. Birkenstock will not sell any shares or gain proceeds from this offering.

Alongside the offering, Birkenstock plans a share repurchase worth up to $500 million. These shares will be canceled post-redemption, with no underwriting fees incurred. The offering terms depend on market conditions, and final details will be set at pricing.

J.P. Morgan is named as the underwriter. Regulatory filings with the SEC ensure proper protocols are followed, with the prospectus available online.