![The four-metre-long painting "Sonntag der Bergbauern" [Sunday of the Mountain Farmers, 1923-24/26] had to be removed by a crane from the German Chancellery in Berlin for the exhibition in Bern.](https://www.swissinfo.ch/content/wp-content/uploads/sites/13/2025/12/01_Pressebild_KirchnerxKirchner.jpg?crop=1165px,0px,1670px,1670px&w=480&ver=a45b19f3)
Coty Is Said to Sell Remaining 25.8% Stake in Wella to KKR
(Bloomberg) — Coty Inc. is selling the remainder of its stake in Wella to KKR & Co. for $750 million and the right to a share of future proceeds from a sale or initial public offering of the haircare brand.
The beauty company, which has rights to 45% of any sale or IPO proceeds after KKR’s preferred return has been met, will use most of the upfront cash to reduce its debt, according to a document seen by Bloomberg News.
A KKR spokesperson declined to comment. A Coty spokesperson didn’t immediately respond to a request for comment outside of normal business hours.
Coty said in November that it valued its 25.8% stake in Wella at about $1 billion.
Coty has been focused on decreasing its debt burden and had pledged to exit Wella by the end of 2025. It acquired the haircare brand in 2015 from Procter & Gamble Co. as part of a larger transaction. KKR then bought a 60% stake in that business in 2020.
Coty’s shares have slumped more than 50% over the past 12 months, despite relatively strong overall demand for haircare products and cosmetics in the wake of a post-pandemic beauty boom.
©2025 Bloomberg L.P.
