CVC looks to ship German perfumery
February 14, 2020- Share:
CVC Capital Partners is considering either an IPO or a sale for perfume and cosmetics retailer Douglas, according to Reuters. The business is believed to have generated revenue of €3.5 billion and EBITDA of €351 million in the 2018/19 fiscal year. CVC Capital Partners acquired Douglas from Advent International in 2015 for a reported price of nearly €3 billion.
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