Boots owners weigh 2027 London IPO with strategy overhaul

Sycamore Partners is working with consultants on a Boots overhaul ahead of a potential 2027 London IPO. The chain is exploring beauty and wellness growth.

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The owners of the pharmacy giant Boots have reportedly hired consultants to oversee a strategic overhaul in preparation for a potential stock market listing in the United Kingdom, which could occur as early as 2027. Sources familiar with the matter indicate that Sycamore Partners and Boots have held preliminary discussions with advisers in recent weeks regarding an initial public offering.

The logo of the British pharmacy chain Alliance Boots is seen in central London. REUTERS/Toby Melville/File Photo
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