German company LR Health & Beauty is expected to go public on the Frankfurt stock market in the fourth quarter. The company, which is estimated to be worth more than 500 million euros ($591 million), would bring high equity valuations and allow the company’s private equity owners to take advantage of this opportunity to monetize part of their holdings.
Last year, the company’s EBITDA was 42.5 million euros and reported sales of 285 million euros. Those sales increased 15% in the first quarter of this year.
