Wella Company (WELA.US), a beauty brand holding company under KKR, has applied for an IPO in the US stock market, aiming to raise over $500 million.

According to documents disclosed by the U.S. Securities and Exchange Commission (SEC), Wella Company (WELA.US), a beauty brand holding company under KKR, officially submitted its initial public offering (IPO) application this Monday, with the market expecting its fundraising scale to exceed $500 million. Wella Company is a global manufacturer of hair and nail products, owning a portfolio of several well-known brands. The company was spun off from Coty Inc. Class A (Coty) in 2020 by KKR and claims to be the largest independent company focused on hair and nail business worldwide, operating in over 100 countries and regions. Its product line includes hair dye, hair care, styling, nail polish, nail care products, and equipment like hair dryers. The brand matrix covers both professional salons and retail channels, including Wella Professionals, ghd, Clairol, OPI, Wella/Koleston, Sebastian Professional, and Nioxin. Currently, Wella serves over 250,000 hair and nail salons globally, along with hundreds of thousands of stylists. Among them, the high-end hair dye and care brand Wella Professionals has held the top spot in global salon hair dye brand rankings for six consecutive years, while the nail care brand OPI ranks first in the global high-end retail nail category. The company is headquartered in New York and Geneva, Switzerland, with a history dating back to 1880. For the 12 months ending June 30, 2026, the company achieved revenue of $2.9 billion. Wella plans to list on the New York Stock Exchange (NYSE) under the ticker symbol "WELA." The company filed its listing application confidentially with the SEC on April 17, 2026. The roster of joint lead underwriters for this IPO is extensive, including Goldman Sachs Group, Inc. (Goldman Sachs), BofA Securities, KKR, J.P. Morgan, William Blair, TD Securities, BNP Paribas, Credit Agricole CIB, BBVA, Commerzbank, Intesa Sanpaolo, Mizuho Securities, Mitsubishi UFJ Financial Group, Inc. Sponsored ADR (Mitsubishi UFJ Financial Group), Piper Sandler, Raymond James, and UniCredit Capital Markets. The company has yet to disclose the pricing terms of this offering.