Business
Coty Sells Remaining Stake in Wella to KKR
NEW YORK, December 19, 2025--Regulatory News: Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") today announced that it has sold its remaining 25.8% stake in Wella to KKR managed capital accounts and investment affiliates. Under the terms of the transaction, Coty will receive upfront cash consideration of $750 million and 45% of any proceeds from a further sale or an initial public offering of the business, after KKR’s preferred return has been met. Based on Wella’s strong recent an
About this update from Coty Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2688,"height":981,"url":"https://media.zenfs.com/en/business-wire.com/e21e01fa96c0c814c653811c28c3dbb8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vw.xqMv_LUotS5o3llt5jA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM1MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/e21e01fa96c0c814c653811c28c3dbb8","width":960,"height":350},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/vnxKejDQ.Ei0L0nTxTiMZw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD04NzY7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/e21e01fa96c0c814c653811c28c3dbb8","width":1200,"height":438}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"$750 million of immediate cash proceeds and right to significant share of ongoing proceeds after KKR preferred return","length":117,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Marks successful completion of multi-year Wella monetization program exactly inline with its original target to divest Wella by end of CY25","length":139,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Transaction reduces Coty’s financial net leverage to ~3x by the end of CY25, strengthening its path towards 2.0x","length":112,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":368,"olType":false},{"type":"text","content":"NEW YORK, December 19, 2025--(BUSINESS WIRE)--Regulatory News:","length":62,"tagName":"p"},{"type":"text","content":"Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") today announced that it has sold its remaining 25.8% stake in Wella to KKR managed capital accounts and investment affiliates. Under the terms of the transaction, Coty will receive upfront cash consideration of $750 million and 45% of any proceeds from a further sale or an initial public offering of the business, after KKR’s preferred return has been met. Based on Wella’s strong recent and expected performance, as well as current market valuations, Coty sees strong potential for additional cash proceeds, bringing the total gross proceeds closer to the carrying value of its investment in Wella. The sale completes the program initiated in 2020 to simplify Coty’s portfolio and operations, while realizing the full value of its...