German-based perfume and beauty retailer, Douglas, is planning for an initial public offering (IPO) on the Frankfurt Stock Exchange. The company hopes to raise $868 million. According to reports, share sales are expected to be completed by the end of the first quarter.
The company plans to use the proceeds to reduce debt and refinance loans at better conditions.
In 2013, Douglas was delisted from the stock exchange after a joint takeover by the Kreke family and Advent financial investor. The majority of company shares went to CVC Capital Partners in 2025.
According to Reuters, CVC will remain the majority shareholder and the Kreke family will not give up shared in the IPO.
Douglas CEO, Sander van der Laan said in a statement, “The Douglas Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.”
Company statements call an IPO the next logical step in the…
The company plans to use the proceeds to reduce debt and refinance loans at better conditions.
In 2013, Douglas was delisted from the stock exchange after a joint takeover by the Kreke family and Advent financial investor. The majority of company shares went to CVC Capital Partners in 2025.
According to Reuters, CVC will remain the majority shareholder and the Kreke family will not give up shared in the IPO.
Douglas CEO, Sander van der Laan said in a statement, “The Douglas Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.”
Company statements call an IPO the next logical step in the…
