PRESS RELEASE
23 October 2023

Arendt Advised L-Catterton Funds In Respect Of The Birkenstock IPO On The New York Stock Exchange

AM
Arendt & Medernach

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About Arendt

Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.

-Legal & Tax
-Regulatory & Consulting
-Investor Services

Legal & Tax

We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.

Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.

The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas

Arendt has advised the principal shareholder of Birkenstock Holding plc (NYSE: BIRK), funds advised by L Catterton, on the Initial Public Offering (“IPO”)...
Luxembourg

#DEAL #IPO #PRE-IPO #STOCKEXCHANGE #CORPORATE #REGULATORY

Arendt has advised the principal shareholder of Birkenstock Holding plc (NYSE: BIRK), funds advised by L Catterton, on the Initial Public Offering ("IPO") and related pre-IPO restructuring of Birkenstock from a Luxembourg regulatory and corporate law perspective.

The offering consisted of 10,752,688 million ordinary shares issued and sold by Birkenstock Holding plc and 21,505,376 million ordinary shares to be sold by an entity affiliated with L Catterton, in each case at an IPO price of USD 46.00 per share.

The ordinary shares began trading on the New York Stock Exchange under the symbol "BIRK" on October 11, 2023. The closing of the offering occurred on October 13, 2023.

Lead counsel for the transaction was Kirkland & Ellis.

Birkenstock is a global brand which embraces all consumers regardless of geography, gender, age, and income and which is committed to a clear purpose – encouraging proper foot health.

Press release "Birkenstock announces pricing of Initial Public Offering' available here (source: Birkenstock Holding plc - EQS News)_

The Arendt teams involved:

- Corporate Law, Mergers & Acquisitions: Alexander Olliges (Partner), Maria Grosbusch and Sophia Shen (Senior Associates), Deborah Tosi, Miguel Reina-Hernando and Yoni Leleux (Associates)
- Investment Management: Gilles Dusemon (Partner) and Julia Szafranska (Counsel)

Contributor

Arendt & Medernach logo

About Arendt

Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.

-Legal & Tax
-Regulatory & Consulting
-Investor Services

Legal & Tax

We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.

Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.

The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas

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