Wella Co, owner of OPI nail polishes and backed by KKR, files for US IPO
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Published on 31/08/2026 at 22:44 - Modified on 31/08/2026 at 23:42 Contact us for any correction request The hair and nail care company is present in over 100 countries and employs more than 6,000 people. It has main offices in Geneva, Switzerland, New York, London, and Calabasas, California, as well as a major research and development center in Darmstadt, Germany. Reuters had reported earlier this year that the company, which also owns Wella hair products, was working with investment banks to prepare for this IPO. Global investment firm KKR had initially acquired a 60% stake in Wella from beauty conglomerate Coty in 2020, when Wella was spun off into a standalone entity, valuing the company at 4.3 billion dollars, including debt. Wella intends to list on the NYSE under the ticker symbol 'WELA'. Goldman Sachs, BofA Securities, KKR, and J.P. Morgan are among the bookrunners for the offering.