Douglas Holding
Douglas Holding was a German retail group based in Düsseldorf which included subsidiaries perfumery chain Douglas GmbH, confectionery chain Hussel, bookstore chain Thalia Buchhandel and women's fashion store chain AppelrathCüpper. After the takeover by financial investor Advent International, Douglas Holding was delisted in 2013 and the conglomerate was gradually split into its individual companies.
Company type | Aktiengesellschaft |
---|---|
Industry | Retailing |
Founded | 1971 |
Defunct | 2017 |
Fate | Absorbed by subsidiary Douglas GmbH |
Headquarters | , |
Area served | Europe |
Key people | Dr. Henning Kreke (Chairman) |
Revenue | €3.44 billion (2012) |
−€89.1 million (2012) | |
Net income | −109.9 million (2012) |
Total assets | €1.528 billion (2012) |
Number of employees | 24,221 (2012) |
Website | douglas-holding.com |
In June 2015, CVC Capital Partners agreed to purchase the controlling stake in the company from Advent International in a deal which reportedly valued Douglas at around 2.8 billion euros.
On 20 March 2017, Douglas Holding AG was dissolved by merging with Douglas GmbH.
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