FRANKFURT (Reuters) – The German founding family Kreke and investor Advent International to their interests in the Douglas perfumery chain of hand. That German media reported. An IPO of Douglas, in the Netherlands hundred ten branches and employs approximately two thousand employees, one of the possibilities.
Douglas reportedly has a market value of more than EUR 3 billion. The company, founded in 1910, operates 1800 stores in nineteen countries and is part of the Douglas Holding. Among them include includes bookstores and fashion boutiques. The family Kreke owns 20 percent of the shares, Advent the remaining 80 percent.
Douglas lost in 2012 are listed on the MDAX, similar to the Dutch MidKap, and has since concentrated on the perfume shops. In recent years, the jewelery chain Christ and Hussel candy stores were sold.
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