The Puig group is preparing for its IPO next year. Family company with brands such as Carolina Herrera or Paco Rabannesigned a contract with its services Goldman Sachs and JP Morgan To analyze its leap into the market according to the economic newspaper ‘Expansión’. When asked by this newspaper, the company did not want to confirm or deny the information: “The company does not comment on such information.” a spokesman said.
This step will be the biggest step taken in the field of ‘parquet’ for a Catalan family company. Fluid 2007 or pharmaceutical almirall same exercise. The perfumery and cosmetics group he heads Marc Puig Guaschrecorded sales of €3,620 million last year; This represents an increase of 30%, which is linked to both the natural growth of sales and the natural growth of sales (not taking into account the addition of three new brands to its portfolio). The emergence of covid. Last year’s results were described as “outstanding” by Marc Puig; net profit was 400 million; this was 71% more than in 2021.
Puig in recent yearsfashion and selective perfumery”, A market of which the company currently controls 10% worldwide, according to calculations. He also attributes its positive development to the fact that he prioritized his own brand over third-party licenses, entered the niche perfumery sector, diversified into other categories beyond perfume, and did everything from Barcelona.
Although perfumes still account for 73% of sales, The fastest growing category is make-up and dermocosmetics. The area where they see the most possibility of progress. “This is the most important category worldwide and we are the category in which we have the least presence, which gives us the opportunity for future growth,” Marc Puig said at the results presentation.
Divided between the group’s properties José María Puig Planas14 members of the third generation, who are the only surviving members of the second generation and belong to four family branches, and. They are preparing for three in addition to José María Puig Planas.
14 Puig’s first cousin is represented at the company through his own holdings. Puig Guasch’s participation is through Consilium SL; The participation of the Puig Rocha family is through Valldan SL; Puig Planas, on the other hand, channels the commercial company Maevor.
The company manages its interests through the Exea holding company, with Marc Puig Guasch, the perfume company’s current president; vice president Manuel Puig Rocha; and José María Puig Planas, the only member of the clan’s second generation who has not officially passed the baton in the company to his children.
Exea has no shares in the empire’s largest company, Antonio Puig SA. This group also participates in various businesses. 64.31% of Flamagás, which owns Clipper lighters or Alpino pens; and 49.9% of Puigs’ participation in Isdin laboratories focused on dermatological care. The other 50.01 is in the hands of another family clan, in this case the Esteves from the pharmaceutical industry.