Puig Plans to IPO Next Year with Estimated Valuation of 8 Billion Euros

Today, according to media reports, Spanish cosmetics group Puig has hired Goldman Sachs and JPMorgan Chase as its listing advisors, preparing for its IPO next year.

Puig is a Spanish beauty and fragrance conglomerate that owns brands such as PENHALIGON’S, L’Artisan Parfumeur, Charlotte Tilbury, and others. According to its financial report, the group achieved a revenue of 3.62 billion euros and a net profit of 400 million euroin 2022. It is projected to reach a turnover of 4.5 billion euros by 2025.

Reports suggest that Puig plans to go public in 2024, with an estimated valuation of 8 billion euros. Previously, Puig restructured its corporate structure to consolidate all its businesses into a listed limited company, Puig Brands SA.

Currently, Goldman Sachs and JPMorgan Chase have declined to comment on the matter.



Subscribe for unlimited readership of the most professional, comprehensive and unbiased articles backed by data.
Starting at $8.33 per month if you subscribe a Pro Annual Plan


Beauty News

Industry News, Broadcast and Breakings

Industry Stats

In-depth Statistics from all aspects to dig out the sales, up and downs.

Consumer Research

Exclusive service to survey numerous consumers across the country and get the best expected results

Brand Analysis

Examine and analyse a brand in details to conclude a report showcasing the desired information

Niche Market Research

Study into the niche product market, producing whitepaper helpping business to understand the potential, development of a product and make decisions.


Retail / Distributor Finder

Help brand distribute in China.

Cosmetics/ Makeup Compliance

Help make your product legal in China

OEM/ODM Manufacturers

Know what's trending or find the best possible material / ingredient / product supplier

Scroll to Top

Subscribe Yearly Member to Read More