FundComb
Estimated Control Closed Transaction verified apparelConsumerfootwear

Birkenstock Group acquired by L Catterton and affiliates, including Financière Agache

L Catterton and affiliates, including Financière Agache acquired Birkenstock Group, a German footwear brand, on Apr 30, 2021.

Transaction summary

Target
Birkenstock Group
Seller
-
Announced
2021-02-26
Geography
Germany
Type
Acquisition
Deal type
Control
Stake acquired
-
First added
2026-10-04
Latest update
2026-10-18

Value and multiples

100% enterprise value

EUR 4.0B

100% enterprise value | EUR

Basis: Estimated

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

Approx. $4.8B USD using FX date 2021-02-26 at 1.2121 EUR/USD.

EV / revenue

5.54x

Period: FY2019 Ended 30 September 2019

Basis: Derived from source data

EV / EBITDA

25x

EBITDA basis not stated

Basis: Public source

Basis

  • The reported €4bn whole-company valuation / €722m FY2019 revenue gives estimated EV/revenue of 5.54x. FY2019 is the latest historical year in the reviewed evidence. L’Agefi separately reports a roughly 25x EBITDA valuation.

Other reviewed estimates

Earlier estimates and their sources.

L Catterton craque pour les sandales Birkenstock
Revenue EUR 722m | EV / EBITDA 25x
Open evidence

Source summary

Strategic partnership with L Catterton and Financière Agache

Estimated

sell a majority stake in BIRKENSTOCK Group to L Catterton

Open source

Birkenstock Holding plc FY2023 results press release

Estimated

on April 30, 2021 (the “Transaction”)

Open source

LVMH-Backed L Catterton Buys Iconic Sandal Maker Birkenstock (1)

Estimated

would value the sandal maker at about 4 billion euros

Open source

L Catterton craque pour les sandales Birkenstock

Estimated

un chiffre d’affaires de 722 millions d’euros

Open source

L Catterton craque pour les sandales Birkenstock

Estimated

environ 25 fois l’excédent brut du groupe

Open source

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