Is Wella Company Going Public? The Rumors and Facts
The beauty industry is abuzz with speculation about Wella Company's future. Will the maker of Clairol, OPI, and Ghd products go public? According to a recent Reuters report, Wella's parent company, investment firm KKR, is preparing for a potential U.S. listing as early as this year. This move would significantly boost the company's valuation, surpassing the $4.3 billion KKR initially paid for it.
However, the story doesn't end there. Coty Inc., a former owner of Wella, has been actively divesting its stake in the company. In mid-December 2025, Coty sold its remaining 25.8% stake to KKR, further solidifying KKR's control. This transaction aligns with Coty's earlier commitment to divest its remaining 22.3% stake by 2025.
The Wella Company's financial success is evident. In 2024, Wella generated estimated sales of $2.26 billion, a 3.3% increase from the previous year. This impressive performance has likely fueled the speculation about a potential public offering.
The question remains: Will Wella Company go public? The answer may be revealed in the coming months as KKR continues to navigate the complexities of the beauty industry and the company's future ownership structure remains uncertain.
Stay tuned as we delve deeper into this intriguing development in the beauty industry.