What is KKR preparing Wella Company for?

KKR is preparing Wella Company for a U.S. initial public offering as soon as this year.

What is the expected valuation for Wella Company's IPO?

The IPO is expected to value Wella Company significantly more than the $4.3 billion KKR paid for it.

Which brands does Wella Company own?

Wella Company owns brands such as OPI nail polish, Wella hair products, Briogeo, ghd, and Clairol.

Home / Business and Economy / KKR eyes $4.3B IPO for beauty giant Wella

KKR eyes $4.3B IPO for beauty giant Wella

4 Feb

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Summary

KKR is preparing Wella Company for a U.S. IPO this year.
The beauty company could be valued significantly higher than $4.3 billion.
Wella owns popular brands like OPI, Wella hair products, and Clairol.

KKR eyes $4.3B IPO for beauty giant Wella

Investment firm KKR is preparing Wella Company for a U.S. initial public offering, potentially as soon as this year. The global beauty company, known for OPI nail polish and Wella hair products, is expected to be valued significantly higher than the $4.3 billion KKR originally paid for it.

Wella Company has enlisted investment banks, including Bank of America and Goldman Sachs, to assist with the listing. This move comes as consumer companies see potential in the IPO market after several slow years, with the beauty sector demonstrating resilience.

KKR initially acquired a majority stake in Wella in 2020 and later purchased the remaining shares in December 2025. The company's portfolio also includes brands such as Briogeo, ghd, and Clairol, employing over 6,000 people across offices in Geneva, New York, London, and Calabasas, with an R&D facility in Darmstadt, Germany.