Wella Co IPO
in registration
| Exchange | |
| Ticker | WELA |
| First filing seen | 23 Sep 2026 |
| Industry | Perfumes, Cosmetics & Other Toilet Preparations |
| Headquarters | New York, NY |
| Incorporated in | DE |
From the prospectus
Over 3 reported periods (FY2024 to FY2026), revenue moved +13%, and the latest period was profitable at $62,305K. Figures are as stated in the company's S-1/A dated 2026-09-23, in US$ thousand.
| Period | Revenue | Profit / (loss) | Margin | Debt |
|---|---|---|---|---|
| FY2024 | $2,590,251K | $-115,174K | -4.4% | — |
| FY2025 | $2,692,182K | $-8,716K | -0.3% | — |
| FY2026 | $2,939,120K | $62,305K | 2.1% | $2,292,193K |
What the company does
The Wella Company describes itself as the world's largest pure-play hair and nail company, present in over 100 countries, with $2.9 billion of net revenue in the year ended June 30, 2026. It sells hair colour, care, styling and treatment products, nail lacquers and care products, and hair styling devices under seven brands: Wella Professionals, ghd, Clairol, OPI, Wella / Koleston, Sebastian Professional and Nioxin. Customers are salon owners, stylists, nail technicians and end consumers; it serves over 250,000 hair and nail salons, and consumer channels made up about 52% of net invoiced sales in fiscal 2026. It reports two segments, Hair & Nail and Beauty Tech, and runs three manufacturing facilities that make about 60% of its hair and nail products. The shares are to list on the NYSE under the symbol WELA; the price range and number of shares are not yet filled in.
Principal shareholders
KKR acquired a majority stake in the business from Coty in 2020. The filing says the KKR Stockholders are to beneficially own a majority of the voting power after the offering, making Wella a controlled company under NYSE rules, and may designate directors while they and affiliates hold at least 5% of the common stock. The percentages are left blank in this amendment. KKR Capital Markets is one of
What the money is for
- Repay the outstanding Facility B borrowings in full, together with borrowings under a new senior facilities agreement (amount left blank in this amendment)
- Pay tax withholding and remittance obligations tied to employee share exchanges and equity grants made around the offering (amount left blank in this amendment)
Risks the company itself lists
- The company says harm to its brands or reputation, including any erosion of its credibility with salon professionals, could hurt its ability to attract customers and consumers.
- It may fail to anticipate and respond to market trends, changes in consumer preferences and changes in salon and retail environments.
- It relies on third-party manufacturers and suppliers around the world alongside its own three plants, and a disruption in manufacturing, logistics or distribution could affect results.
- It depends on exclusive third-party distributors in multiple countries.
- Recent and possible further US tariffs or a global trade war could raise its supply costs.
- The company describes its indebtedness as substantial; total debt was $2,292,193 thousand at June 30, 2026, all under Facility B.
- After the offering the KKR Stockholders are to hold a majority of the voting power, and the company intends to use the NYSE controlled-company exception.
Lead managers: Goldman Sachs & Co. LLC, BofA Securities, KKR, J.P. Morgan.
Source: the S-1/A filed by the company ↗. This section reports what the document says; it is not a recommendation to apply, buy or sell.
SEC filings
| Form | What it is | Filed |
|---|---|---|
| S-1/A | Amended registration statement | 23 Sep 2026 |
Filings: SEC EDGAR ↗
This page reports public filings and reported deal terms. It is not a recommendation to buy, sell or apply.